Hsbc Holdings PLC Trims Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Hsbc Holdings PLC trimmed its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJFree Report) by 22.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 73,142 shares of the exchange traded fund’s stock after selling 20,625 shares during the period. Hsbc Holdings PLC owned about 0.07% of VanEck Junior Gold Miners ETF worth $2,789,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in GDXJ. Riggs Asset Managment Co. Inc. purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $26,000. Trust Co. of Vermont purchased a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $32,000. Sachetta LLC purchased a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $32,000. Life Planning Partners Inc purchased a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $37,000. Finally, ANTIPODES PARTNERS Ltd purchased a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $46,000.

VanEck Junior Gold Miners ETF Stock Up 2.9 %

Shares of GDXJ opened at $45.37 on Friday. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.46 and a fifty-two week high of $47.25. The firm’s 50 day moving average price is $42.62 and its 200 day moving average price is $37.98. The company has a market cap of $5.33 billion, a P/E ratio of 24.80 and a beta of 1.03.

VanEck Junior Gold Miners ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

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