ARP Global Capital Ltd Invests $10.01 Million in VanEck Junior Gold Miners ETF $GDXJ

ARP Global Capital Ltd bought a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 88,000 shares of the exchange traded fund’s stock, valued at approximately $10,013,000. VanEck Junior Gold Miners ETF makes up about 3.0% of ARP Global Capital Ltd’s portfolio, making the stock its 12th biggest position. ARP Global Capital Ltd owned approximately 0.11% of VanEck Junior Gold Miners ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of Montreal Can increased its position in VanEck Junior Gold Miners ETF by 124.9% during the third quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after acquiring an additional 2,149,559 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of VanEck Junior Gold Miners ETF by 1,289.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock worth $58,546,000 after purchasing an additional 803,854 shares during the period. Nearwater Capital Markets Ltd grew its holdings in VanEck Junior Gold Miners ETF by 90.7% during the 4th quarter. Nearwater Capital Markets Ltd now owns 1,640,000 shares of the exchange traded fund’s stock valued at $186,599,000 after purchasing an additional 780,000 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in VanEck Junior Gold Miners ETF in the 4th quarter worth about $56,890,000. Finally, Capitolis Liquid Global Markets LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 4th quarter worth about $55,297,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $123.93 on Friday. The firm has a market capitalization of $10.30 billion, a PE ratio of 24.09 and a beta of 0.74. The business has a 50 day simple moving average of $135.14 and a two-hundred day simple moving average of $111.87. VanEck Junior Gold Miners ETF has a 1 year low of $49.33 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.