Envestnet Asset Management Inc. Sells 6,765 Shares of VanEck Junior Gold Miners ETF $GDXJ

Envestnet Asset Management Inc. trimmed its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 13.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,345 shares of the exchange traded fund’s stock after selling 6,765 shares during the quarter. Envestnet Asset Management Inc. owned 0.05% of VanEck Junior Gold Miners ETF worth $4,392,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Brookstone Capital Management bought a new stake in VanEck Junior Gold Miners ETF during the second quarter worth approximately $213,000. Wealthfront Advisers LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 19.3% in the 2nd quarter. Wealthfront Advisers LLC now owns 15,568 shares of the exchange traded fund’s stock worth $1,052,000 after purchasing an additional 2,521 shares during the period. Ashton Thomas Private Wealth LLC increased its position in shares of VanEck Junior Gold Miners ETF by 162.2% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 13,188 shares of the exchange traded fund’s stock valued at $891,000 after purchasing an additional 8,158 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter valued at approximately $613,000. Finally, Teacher Retirement System of Texas raised its holdings in VanEck Junior Gold Miners ETF by 104.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 784,000 shares of the exchange traded fund’s stock valued at $52,991,000 after buying an additional 400,000 shares during the period.

VanEck Junior Gold Miners ETF Stock Up 3.3%

Shares of GDXJ opened at $146.64 on Tuesday. The business has a fifty day moving average of $128.06 and a 200 day moving average of $105.69. The company has a market cap of $12.19 billion, a PE ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a 52-week low of $47.29 and a 52-week high of $152.24.

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.