VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Shares Sold by Mountain Lake Investment Management LLC

Mountain Lake Investment Management LLC trimmed its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 13.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,446 shares of the exchange traded fund’s stock after selling 4,554 shares during the quarter. VanEck Junior Gold Miners ETF makes up 1.4% of Mountain Lake Investment Management LLC’s portfolio, making the stock its 17th biggest holding. Mountain Lake Investment Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,216,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Quadrature Capital Ltd acquired a new position in VanEck Junior Gold Miners ETF in the third quarter valued at $53,479,000. IMC Chicago LLC increased its stake in VanEck Junior Gold Miners ETF by 102.6% in the fourth quarter. IMC Chicago LLC now owns 26,712 shares of the exchange traded fund’s stock valued at $1,142,000 after purchasing an additional 1,062,702 shares during the last quarter. Public Sector Pension Investment Board acquired a new position in VanEck Junior Gold Miners ETF in the third quarter valued at $21,964,000. Nwam LLC acquired a new position in VanEck Junior Gold Miners ETF in the third quarter valued at $5,586,000. Finally, Canoe Financial LP acquired a new position in VanEck Junior Gold Miners ETF in the fourth quarter valued at $4,453,000.

VanEck Junior Gold Miners ETF Trading Down 3.6 %

VanEck Junior Gold Miners ETF stock opened at $50.68 on Friday. The firm has a market capitalization of $5.95 billion, a P/E ratio of 24.80 and a beta of 1.03. The stock has a fifty day moving average price of $46.83 and a 200 day moving average price of $47.52. VanEck Junior Gold Miners ETF has a 52 week low of $31.00 and a 52 week high of $55.58.

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.