Wealth Enhancement Advisory Services LLC Increases Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Wealth Enhancement Advisory Services LLC raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,827 shares of the exchange traded fund’s stock after acquiring an additional 177 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Junior Gold Miners ETF were worth $399,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Cambridge Investment Research Advisors Inc. grew its holdings in VanEck Junior Gold Miners ETF by 55.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 33,181 shares of the exchange traded fund’s stock valued at $1,898,000 after purchasing an additional 11,824 shares during the period. Focus Financial Network Inc. raised its stake in shares of VanEck Junior Gold Miners ETF by 13.8% in the 2nd quarter. Focus Financial Network Inc. now owns 4,784 shares of the exchange traded fund’s stock valued at $323,000 after purchasing an additional 580 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of VanEck Junior Gold Miners ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 349,218 shares of the exchange traded fund’s stock valued at $19,975,000 after acquiring an additional 8,153 shares during the last quarter. SlateStone Wealth LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at about $214,000. Finally, Avantax Advisory Services Inc. boosted its position in VanEck Junior Gold Miners ETF by 24.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,079 shares of the exchange traded fund’s stock valued at $691,000 after purchasing an additional 2,390 shares during the period.

VanEck Junior Gold Miners ETF Stock Up 2.7%

Shares of NYSEARCA:GDXJ opened at $102.48 on Tuesday. VanEck Junior Gold Miners ETF has a fifty-two week low of $41.85 and a fifty-two week high of $104.05. The company has a market cap of $8.74 billion, a PE ratio of 24.09 and a beta of 1.06. The company’s 50-day moving average price is $82.19 and its 200 day moving average price is $70.14.

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.