Cwm LLC Raises Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Cwm LLC increased its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 541.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 1,327 shares of the exchange traded fund’s stock after purchasing an additional 1,120 shares during the quarter. Cwm LLC’s holdings in VanEck Junior Gold Miners ETF were worth $47,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Alaska Permanent Fund Corp acquired a new position in VanEck Junior Gold Miners ETF in the 2nd quarter worth $172,038,000. Jane Street Group LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 822.5% in the fourth quarter. Jane Street Group LLC now owns 4,081,512 shares of the exchange traded fund’s stock worth $145,506,000 after acquiring an additional 3,639,061 shares in the last quarter. Toronto Dominion Bank boosted its holdings in VanEck Junior Gold Miners ETF by 88.7% in the first quarter. Toronto Dominion Bank now owns 3,325,501 shares of the exchange traded fund’s stock valued at $131,294,000 after purchasing an additional 1,562,959 shares during the last quarter. UBS Group AG grew its stake in VanEck Junior Gold Miners ETF by 158.0% during the 1st quarter. UBS Group AG now owns 2,008,462 shares of the exchange traded fund’s stock valued at $79,334,000 after purchasing an additional 1,230,082 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in VanEck Junior Gold Miners ETF by 3,622.8% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,159,269 shares of the exchange traded fund’s stock valued at $37,097,000 after purchasing an additional 1,128,129 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Down 1.7 %

Shares of GDXJ opened at $32.86 on Monday. The firm has a market cap of $3.53 billion, a price-to-earnings ratio of 10.96 and a beta of 1.06. The business’s 50 day moving average is $33.75 and its two-hundred day moving average is $35.87. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $43.89.

VanEck Junior Gold Miners ETF 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.