VanEck Junior Gold Miners ETF $GDXJ Stake Reduced by Hsbc Holdings PLC

Hsbc Holdings PLC cut its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 90.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,428 shares of the exchange traded fund’s stock after selling 40,862 shares during the quarter. Hsbc Holdings PLC’s holdings in VanEck Junior Gold Miners ETF were worth $251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV raised its position in VanEck Junior Gold Miners ETF by 2.5% in the first quarter. Nations Financial Group Inc. IA ADV now owns 16,346 shares of the exchange traded fund’s stock worth $935,000 after acquiring an additional 400 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in VanEck Junior Gold Miners ETF by 105.4% in the first quarter. EverSource Wealth Advisors LLC now owns 8,575 shares of the exchange traded fund’s stock worth $490,000 after acquiring an additional 4,400 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new stake in VanEck Junior Gold Miners ETF in the first quarter worth about $204,000. Heck Capital Advisors LLC acquired a new stake in VanEck Junior Gold Miners ETF during the 1st quarter worth about $3,510,000. Finally, HighTower Advisors LLC raised its holdings in VanEck Junior Gold Miners ETF by 59.7% during the 1st quarter. HighTower Advisors LLC now owns 123,740 shares of the exchange traded fund’s stock worth $7,078,000 after buying an additional 46,263 shares during the period.

VanEck Junior Gold Miners ETF Trading Down 1.3%

NYSEARCA GDXJ opened at $82.68 on Friday. The stock’s 50-day moving average price is $71.13 and its two-hundred day moving average price is $63.70. The company has a market cap of $6.70 billion, a PE ratio of 24.09 and a beta of 1.06. VanEck Junior Gold Miners ETF has a 1 year low of $41.85 and a 1 year high of $84.77.

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.