AdvisorNet Financial Inc Raises Stake in VanEck Junior Gold Miners ETF $GDXJ

AdvisorNet Financial Inc raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 47.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,604 shares of the exchange traded fund’s stock after buying an additional 515 shares during the quarter. AdvisorNet Financial Inc’s holdings in VanEck Junior Gold Miners ETF were worth $108,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC grew its holdings in shares of VanEck Junior Gold Miners ETF by 58.5% in the second quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 175 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 3.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,827 shares of the exchange traded fund’s stock valued at $399,000 after buying an additional 177 shares during the period. Sumitomo Mitsui Financial Group Inc. grew its stake in shares of VanEck Junior Gold Miners ETF by 5.3% in the 1st quarter. Sumitomo Mitsui Financial Group Inc. now owns 4,857 shares of the exchange traded fund’s stock valued at $278,000 after buying an additional 245 shares during the period. New Harbor Financial Group LLC grew its position in VanEck Junior Gold Miners ETF by 0.4% in the first quarter. New Harbor Financial Group LLC now owns 63,605 shares of the exchange traded fund’s stock worth $3,638,000 after acquiring an additional 263 shares during the period. Finally, Cerity Partners LLC grew its position in VanEck Junior Gold Miners ETF by 0.8% in the first quarter. Cerity Partners LLC now owns 33,946 shares of the exchange traded fund’s stock worth $1,942,000 after acquiring an additional 275 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

Shares of VanEck Junior Gold Miners ETF stock opened at $93.99 on Friday. The firm has a market capitalization of $7.62 billion, a price-to-earnings ratio of 24.09 and a beta of 1.06. VanEck Junior Gold Miners ETF has a fifty-two week low of $41.85 and a fifty-two week high of $96.76. The stock has a 50 day moving average of $77.82 and a 200 day moving average of $67.79.

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.