VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Shares Sold by Mountain Lake Investment Management LLC

Mountain Lake Investment Management LLC decreased its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 13.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 28,446 shares of the exchange traded fund’s stock after selling 4,554 shares during the quarter. VanEck Junior Gold Miners ETF comprises approximately 1.4% of Mountain Lake Investment Management LLC’s portfolio, making the stock its 17th largest position. Mountain Lake Investment Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of GDXJ. Arlington Trust Co LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $37,000. Principal Securities Inc. boosted its position in shares of VanEck Junior Gold Miners ETF by 20.7% in the fourth quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 242 shares during the period. FMR LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 101.3% in the third quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 631 shares during the period. Blue Trust Inc. boosted its position in shares of VanEck Junior Gold Miners ETF by 50.0% in the fourth quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 700 shares during the period. Finally, Howe & Rusling Inc. boosted its holdings in VanEck Junior Gold Miners ETF by 73.6% in the third quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 914 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ opened at $50.68 on Friday. The company has a market capitalization of $5.95 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a one year low of $31.00 and a one year high of $55.58. The stock has a 50-day moving average price of $46.83 and a 200 day moving average price of $47.52.

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.