Stratos Wealth Partners LTD. Makes New $256,000 Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Stratos Wealth Partners LTD. acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 6,755 shares of the exchange traded fund’s stock, valued at approximately $256,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDXJ. Almanack Investment Partners LLC. acquired a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at $25,000. Tower Research Capital LLC TRC increased its holdings in shares of VanEck Junior Gold Miners ETF by 653.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 723 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 627 shares during the period. Trust Co. of Vermont acquired a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at $32,000. Life Planning Partners Inc acquired a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $37,000. Finally, Signaturefd LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at $40,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of VanEck Junior Gold Miners ETF stock opened at $41.55 on Tuesday. The firm’s fifty day simple moving average is $36.01 and its 200-day simple moving average is $35.49. The stock has a market capitalization of $4.91 billion, a price-to-earnings ratio of 25.32 and a beta of 0.98. VanEck Junior Gold Miners ETF has a 12 month low of $30.46 and a 12 month high of $44.70.

About VanEck Junior Gold Miners ETF

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.