Wellington Shields Capital Management LLC Boosts Stock Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Wellington Shields Capital Management LLC increased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 1,108.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 204,825 shares of the exchange traded fund’s stock after acquiring an additional 187,875 shares during the period. VanEck Junior Gold Miners ETF comprises about 0.7% of Wellington Shields Capital Management LLC’s investment portfolio, making the stock its 29th biggest holding. Wellington Shields Capital Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $8,756,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Duncker Streett & Co. Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter worth about $45,000. Principal Securities Inc. increased its holdings in shares of VanEck Junior Gold Miners ETF by 20.7% in the 4th quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 242 shares during the period. FMR LLC raised its stake in shares of VanEck Junior Gold Miners ETF by 101.3% during the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 631 shares in the last quarter. Blue Trust Inc. raised its position in shares of VanEck Junior Gold Miners ETF by 50.0% in the 4th quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock valued at $90,000 after purchasing an additional 700 shares during the last quarter. Finally, Howe & Rusling Inc. lifted its position in VanEck Junior Gold Miners ETF by 73.6% during the third quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 914 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ opened at $54.46 on Friday. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 17.55 and a beta of 1.26. VanEck Junior Gold Miners ETF has a fifty-two week low of $35.34 and a fifty-two week high of $55.58. The company has a fifty day moving average of $48.75 and a two-hundred day moving average of $48.23.

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.