IMC Chicago LLC Acquires New Holdings in VanEck Junior Gold Miners ETF $GDXJ

IMC Chicago LLC bought a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 46,611 shares of the exchange traded fund’s stock, valued at approximately $4,616,000. IMC Chicago LLC owned about 0.05% of VanEck Junior Gold Miners ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in VanEck Junior Gold Miners ETF by 28.7% during the second quarter. Envestnet Asset Management Inc. now owns 51,110 shares of the exchange traded fund’s stock worth $3,455,000 after acquiring an additional 11,390 shares during the last quarter. CWM LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 19.0% during the 2nd quarter. CWM LLC now owns 26,239 shares of the exchange traded fund’s stock worth $1,773,000 after purchasing an additional 4,184 shares during the period. Stratos Wealth Partners LTD. purchased a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth $222,000. Concurrent Investment Advisors LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 36.5% during the second quarter. Concurrent Investment Advisors LLC now owns 4,902 shares of the exchange traded fund’s stock worth $331,000 after purchasing an additional 1,311 shares during the last quarter. Finally, Belpointe Asset Management LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter valued at $233,000.

VanEck Junior Gold Miners ETF Trading Down 7.0%

VanEck Junior Gold Miners ETF stock opened at $121.17 on Friday. The stock has a fifty day moving average price of $121.56 and a 200 day moving average price of $99.47. VanEck Junior Gold Miners ETF has a 52 week low of $47.29 and a 52 week high of $152.24. The firm has a market capitalization of $10.07 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.