Ibex Wealth Advisors Invests $227,000 in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Ibex Wealth Advisors bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,300 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at $986,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of VanEck Junior Gold Miners ETF by 178.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,884 shares of the exchange traded fund’s stock worth $206,000 after acquiring an additional 3,127 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF during the second quarter worth $280,000. Truist Financial Corp lifted its holdings in shares of VanEck Junior Gold Miners ETF by 470.6% during the second quarter. Truist Financial Corp now owns 57,536 shares of the exchange traded fund’s stock valued at $2,423,000 after purchasing an additional 47,452 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of VanEck Junior Gold Miners ETF by 1.8% in the 2nd quarter. Cetera Investment Advisers now owns 734,442 shares of the exchange traded fund’s stock valued at $30,935,000 after purchasing an additional 13,131 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

VanEck Junior Gold Miners ETF stock opened at $47.37 on Thursday. The company has a 50 day moving average price of $46.06 and a 200 day moving average price of $47.11. VanEck Junior Gold Miners ETF has a 52 week low of $30.89 and a 52 week high of $55.58. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03.

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.