Commonwealth Equity Services LLC Acquires New Stake in VanEck Junior Gold Miners ETF $GDXJ

Commonwealth Equity Services LLC bought a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 160,117 shares of the exchange traded fund’s stock, valued at approximately $18,245,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chicago Partners Investment Group LLC acquired a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at $227,000. MH & Associates Securities Management Corp ADV purchased a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter worth about $576,000. XML Financial LLC grew its position in shares of VanEck Junior Gold Miners ETF by 3.1% in the third quarter. XML Financial LLC now owns 7,842 shares of the exchange traded fund’s stock valued at $894,000 after purchasing an additional 235 shares during the period. Corecam AG boosted its position in shares of VanEck Junior Gold Miners ETF by 3.2% in the third quarter. Corecam AG now owns 22,970 shares of the exchange traded fund’s stock worth $2,617,000 after acquiring an additional 720 shares during the last quarter. Finally, Modera Wealth Management LLC purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at about $325,000.

VanEck Junior Gold Miners ETF Trading Down 6.0%

Shares of VanEck Junior Gold Miners ETF stock opened at $106.30 on Wednesday. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a twelve month low of $89.83 and a twelve month high of $157.49. The company has a fifty day moving average price of $113.48 and a 200 day moving average price of $117.64.

VanEck Junior Gold Miners ETF Company Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.