Bank of Nova Scotia Acquires New Shares in VanEck Junior Gold Miners ETF $GDXJ

Bank of Nova Scotia bought a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,000,000 shares of the exchange traded fund’s stock, valued at approximately $120,040,000. Bank of Nova Scotia owned about 1.34% of VanEck Junior Gold Miners ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GDXJ. Baird Financial Group Inc. grew its holdings in VanEck Junior Gold Miners ETF by 22.2% during the second quarter. Baird Financial Group Inc. now owns 26,075 shares of the exchange traded fund’s stock valued at $1,762,000 after purchasing an additional 4,731 shares during the period. Amundi grew its holdings in shares of VanEck Junior Gold Miners ETF by 97.1% in the second quarter. Amundi now owns 138,000 shares of the exchange traded fund’s stock worth $9,418,000 after purchasing an additional 68,000 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 15.7% in the second quarter. Cerity Partners LLC now owns 39,266 shares of the exchange traded fund’s stock valued at $2,654,000 after acquiring an additional 5,320 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in VanEck Junior Gold Miners ETF in the second quarter worth about $7,914,000. Finally, NewEdge Advisors LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 13.8% during the second quarter. NewEdge Advisors LLC now owns 14,604 shares of the exchange traded fund’s stock worth $987,000 after acquiring an additional 1,767 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA GDXJ opened at $97.60 on Friday. The company has a fifty day moving average of $104.41 and a 200 day moving average of $120.30. The company has a market capitalization of $7.05 billion, a PE ratio of 24.09 and a beta of 0.84. VanEck Junior Gold Miners ETF has a 1 year low of $63.90 and a 1 year high of $157.49.

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.