Millstone Evans Group LLC Makes New Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Millstone Evans Group LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,402 shares of the exchange traded fund’s stock, valued at approximately $60,000.

Several other hedge funds have also recently made changes to their positions in GDXJ. Lingotto Investment Management LLP raised its position in VanEck Junior Gold Miners ETF by 2.5% during the 4th quarter. Lingotto Investment Management LLP now owns 2,468,267 shares of the exchange traded fund’s stock worth $105,518,000 after buying an additional 59,589 shares during the last quarter. Quadrature Capital Ltd acquired a new position in VanEck Junior Gold Miners ETF during the third quarter valued at $53,479,000. Heartwood Wealth Advisors LLC boosted its holdings in VanEck Junior Gold Miners ETF by 0.6% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 738,389 shares of the exchange traded fund’s stock valued at $31,566,000 after purchasing an additional 4,369 shares during the last quarter. Panview Capital Ltd acquired a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth about $29,506,000. Finally, Public Sector Pension Investment Board purchased a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at about $21,964,000.

VanEck Junior Gold Miners ETF Stock Down 1.5 %

Shares of GDXJ opened at $55.53 on Monday. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 19.93 and a beta of 1.24. VanEck Junior Gold Miners ETF has a 52 week low of $36.50 and a 52 week high of $57.65. The stock’s 50-day moving average price is $50.31 and its 200-day moving average price is $48.75.

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.