Alaska Permanent Fund Corp Grows Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Alaska Permanent Fund Corp grew its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 10.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,936,920 shares of the exchange traded fund’s stock after buying an additional 661,461 shares during the period. VanEck Junior Gold Miners ETF accounts for about 4.3% of Alaska Permanent Fund Corp’s investment portfolio, making the stock its 7th largest position. Alaska Permanent Fund Corp owned about 6.47% of VanEck Junior Gold Miners ETF worth $262,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. DAVENPORT & Co LLC purchased a new position in VanEck Junior Gold Miners ETF during the fourth quarter worth $210,000. Trust Co. of Vermont acquired a new position in shares of VanEck Junior Gold Miners ETF during the third quarter valued at about $32,000. Stratos Wealth Partners LTD. purchased a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $256,000. Mutual Advisors LLC purchased a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $234,000. Finally, Perigon Wealth Management LLC purchased a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at approximately $215,000.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA GDXJ traded down $0.22 during trading hours on Thursday, reaching $40.78. The stock had a trading volume of 1,141,888 shares, compared to its average volume of 7,189,630. The stock has a fifty day moving average of $37.01 and a 200 day moving average of $35.90. The stock has a market cap of $4.82 billion, a P/E ratio of 25.32 and a beta of 0.98. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $44.70.

VanEck Junior Gold Miners ETF Company 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.