Alaska Permanent Fund Corp Has $225.96 Million Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Alaska Permanent Fund Corp lessened its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 19.0% in the fourth quarter, HoldingsChannel reports. The firm owned 5,285,629 shares of the exchange traded fund’s stock after selling 1,241,893 shares during the quarter. VanEck Junior Gold Miners ETF accounts for approximately 3.4% of Alaska Permanent Fund Corp’s holdings, making the stock its 9th biggest holding. Alaska Permanent Fund Corp’s holdings in VanEck Junior Gold Miners ETF were worth $225,961,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bank of Montreal Can lifted its position in VanEck Junior Gold Miners ETF by 48.3% during the second quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock valued at $190,934,000 after buying an additional 1,473,480 shares during the period. Quadrature Capital Ltd purchased a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at about $53,479,000. Public Sector Pension Investment Board bought a new stake in VanEck Junior Gold Miners ETF during the third quarter worth about $21,964,000. Nwam LLC purchased a new stake in VanEck Junior Gold Miners ETF in the third quarter worth about $5,586,000. Finally, Freemont Management S.A. bought a new position in shares of VanEck Junior Gold Miners ETF during the third quarter valued at approximately $2,929,000.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ stock opened at $46.09 on Thursday. The firm has a market capitalization of $5.42 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The firm has a 50 day moving average price of $46.15 and a 200-day moving average price of $46.98. VanEck Junior Gold Miners ETF has a 52-week low of $30.89 and a 52-week high of $55.58.

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.