MGO One Seven LLC increased its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) by 10.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,379 shares of the exchange traded fund’s stock after purchasing an additional 402 shares during the period. MGO One Seven LLC’s holdings in VanEck Junior Gold Miners ETF were worth $296,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its position 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 worth $32,000 after buying an additional 175 shares during the last quarter. Advisors Preferred LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at approximately $45,000. IMA Advisory Services Inc. acquired a new stake in VanEck Junior Gold Miners ETF in the 1st quarter worth approximately $47,000. Fortitude Family Office LLC bought a new stake in VanEck Junior Gold Miners ETF during the second quarter worth approximately $48,000. Finally, Wealth Preservation Advisors LLC acquired a new position in VanEck Junior Gold Miners ETF during the first quarter valued at approximately $59,000.
VanEck Junior Gold Miners ETF Stock Down 7.7%
NYSEARCA:GDXJ opened at $103.11 on Monday. The company’s 50 day moving average is $88.67 and its 200-day moving average is $73.13. VanEck Junior Gold Miners ETF has a 12 month low of $41.85 and a 12 month high of $112.45. The firm has a market cap of $8.83 billion, a price-to-earnings ratio of 24.09 and a beta of 1.06.
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.
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