Pine Valley Investments Ltd Liability Co Raises Stock Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Pine Valley Investments Ltd Liability Co raised its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 21.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,849 shares of the exchange traded fund’s stock after buying an additional 3,107 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in VanEck Junior Gold Miners ETF were worth $677,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Alaska Permanent Fund Corp raised its stake in shares of VanEck Junior Gold Miners ETF by 10.5% during the 4th quarter. Alaska Permanent Fund Corp now owns 6,936,920 shares of the exchange traded fund’s stock valued at $262,979,000 after purchasing an additional 661,461 shares during the period. Citigroup Inc. raised its stake in shares of VanEck Junior Gold Miners ETF by 94.6% during the 3rd quarter. Citigroup Inc. now owns 4,464,526 shares of the exchange traded fund’s stock valued at $143,892,000 after purchasing an additional 2,170,733 shares during the period. Rafferty Asset Management LLC raised its stake in shares of VanEck Junior Gold Miners ETF by 27.0% during the 3rd quarter. Rafferty Asset Management LLC now owns 4,234,650 shares of the exchange traded fund’s stock valued at $136,483,000 after purchasing an additional 901,115 shares during the period. Toronto Dominion Bank raised its stake in shares of VanEck Junior Gold Miners ETF by 119.2% during the 3rd quarter. Toronto Dominion Bank now owns 3,104,087 shares of the exchange traded fund’s stock valued at $100,045,000 after purchasing an additional 1,688,086 shares during the period. Finally, UBS Group AG raised its stake in shares of VanEck Junior Gold Miners ETF by 129.7% during the 3rd quarter. UBS Group AG now owns 1,564,205 shares of the exchange traded fund’s stock valued at $50,414,000 after purchasing an additional 883,302 shares during the period.

VanEck Junior Gold Miners ETF Stock Up 1.3 %

Shares of NYSEARCA:GDXJ traded up $0.59 during midday trading on Monday, reaching $46.94. 7,624,680 shares of the company traded hands, compared to its average volume of 7,104,254. VanEck Junior Gold Miners ETF has a 12 month low of $30.46 and a 12 month high of $47.25. The firm’s fifty day moving average price is $40.64 and its two-hundred day moving average price is $37.10. The firm has a market capitalization of $5.51 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03.

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.