VanEck Junior Gold Miners ETF $GDXJ Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 28.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,110 shares of the exchange traded fund’s stock after acquiring an additional 11,390 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.06% of VanEck Junior Gold Miners ETF worth $3,455,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Invesco Ltd. increased its position in VanEck Junior Gold Miners ETF by 63.7% during the 1st quarter. Invesco Ltd. now owns 2,923,232 shares of the exchange traded fund’s stock worth $167,209,000 after purchasing an additional 1,137,586 shares in the last quarter. Nearwater Capital Markets Ltd purchased a new position in VanEck Junior Gold Miners ETF in the 1st quarter valued at about $42,900,000. Heartwood Wealth Advisors LLC boosted its stake in shares of VanEck Junior Gold Miners ETF by 0.6% during the 2nd quarter. Heartwood Wealth Advisors LLC now owns 649,506 shares of the exchange traded fund’s stock worth $43,900,000 after purchasing an additional 3,669 shares during the last quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 1st quarter worth about $34,791,000. Finally, LPL Financial LLC grew its holdings in shares of VanEck Junior Gold Miners ETF by 2.3% during the first quarter. LPL Financial LLC now owns 415,409 shares of the exchange traded fund’s stock worth $23,761,000 after buying an additional 9,183 shares in the last quarter.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA:GDXJ opened at $97.44 on Friday. The firm has a market cap of $8.32 billion, a PE ratio of 24.09 and a beta of 0.74. The firm has a 50 day simple moving average of $95.92 and a 200-day simple moving average of $78.12. VanEck Junior Gold Miners ETF has a 1-year low of $41.85 and a 1-year high of $112.45.

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.