VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Trading 2.8% Higher

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)’s stock price traded up 2.8% on Wednesday . The stock traded as high as $42.20 and last traded at $41.98. 1,703,308 shares changed hands during trading, a decline of 76% from the average session volume of 7,173,216 shares. The stock had previously closed at $40.83.

VanEck Junior Gold Miners ETF Price Performance

The company has a market capitalization of $4.94 billion, a P/E ratio of 25.32 and a beta of 0.98. The company has a fifty day moving average price of $36.15 and a two-hundred day moving average price of $35.55.

Institutional Trading of VanEck Junior Gold Miners ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GDXJ. DAVENPORT & Co LLC bought a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $210,000. Trust Co. of Vermont bought a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $32,000. Stratos Wealth Partners LTD. bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $256,000. Mutual Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $234,000. Finally, Perigon Wealth Management LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $215,000.

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.