Cibc World Market Inc. Buys 16,244 Shares of VanEck Junior Gold Miners ETF $GDXJ

Cibc World Market Inc. raised its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 143.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 27,559 shares of the exchange traded fund’s stock after purchasing an additional 16,244 shares during the quarter. Cibc World Market Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $2,729,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Truist Financial Corp boosted its stake in shares of VanEck Junior Gold Miners ETF by 1.4% in the 3rd quarter. Truist Financial Corp now owns 8,543 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 116 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 98.1% in the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 159 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in VanEck Junior Gold Miners ETF by 3.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,010 shares of the exchange traded fund’s stock valued at $605,000 after acquiring an additional 183 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in VanEck Junior Gold Miners ETF by 4.1% during the third quarter. Concurrent Investment Advisors LLC now owns 5,102 shares of the exchange traded fund’s stock valued at $505,000 after acquiring an additional 200 shares during the last quarter. Finally, Hara Capital LLC grew its holdings in VanEck Junior Gold Miners ETF by 5.2% during the 3rd quarter. Hara Capital LLC now owns 5,083 shares of the exchange traded fund’s stock worth $503,000 after acquiring an additional 250 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $136.34 on Monday. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74. The business’s 50-day moving average is $124.82 and its 200-day moving average is $102.75. VanEck Junior Gold Miners ETF has a 1 year low of $47.29 and a 1 year high of $152.24.

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.