FNY Investment Advisers LLC Has $1.65 Million Holdings in VanEck Junior Gold Miners ETF $GDXJ

FNY Investment Advisers LLC increased its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 90,525.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,500 shares of the exchange traded fund’s stock after acquiring an additional 14,484 shares during the period. FNY Investment Advisers LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. TD Waterhouse Canada Inc. boosted its stake 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 worth $32,000 after purchasing an additional 159 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter valued at $33,000. Root Financial Partners LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter valued at $34,000. Total Investment Management Inc. bought a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $27,000. Finally, Lodestone Wealth Management LLC acquired a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth about $55,000.

VanEck Junior Gold Miners ETF Stock Down 2.4%

Shares of NYSEARCA GDXJ opened at $122.19 on Friday. VanEck Junior Gold Miners ETF has a 12-month low of $49.33 and a 12-month high of $157.49. The firm’s 50-day simple moving average is $131.76 and its 200 day simple moving average is $114.94. The company has a market cap of $10.16 billion, a price-to-earnings 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.