36,498 Shares in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Purchased by RIA Advisory Group LLC

RIA Advisory Group LLC purchased a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 36,498 shares of the exchange traded fund’s stock, valued at approximately $1,781,000. VanEck Junior Gold Miners ETF makes up about 0.6% of RIA Advisory Group LLC’s investment portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Freemont Management S.A. bought a new position in VanEck Junior Gold Miners ETF in the third quarter worth approximately $2,929,000. Oppenheimer & Co. Inc. purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth $1,462,000. Carrera Capital Advisors bought a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $659,000. Verus Capital Partners LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 15.6% during the 3rd quarter. Verus Capital Partners LLC now owns 5,550 shares of the exchange traded fund’s stock valued at $271,000 after acquiring an additional 750 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in VanEck Junior Gold Miners ETF by 2.6% during the third quarter. Nations Financial Group Inc. IA ADV now owns 15,641 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 400 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 0.6 %

Shares of NYSEARCA:GDXJ opened at $45.11 on Friday. VanEck Junior Gold Miners ETF has a 12 month low of $30.89 and a 12 month high of $55.58. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The company has a 50-day moving average price of $49.54 and a 200 day moving average price of $46.12.

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.