Harbor Investment Advisory LLC Buys 21,255 Shares of VanEck Junior Gold Miners ETF $GDXJ

Harbor Investment Advisory LLC grew its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 69.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 51,862 shares of the exchange traded fund’s stock after buying an additional 21,255 shares during the quarter. Harbor Investment Advisory LLC’s holdings in VanEck Junior Gold Miners ETF were worth $5,901,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in GDXJ. TD Waterhouse Canada Inc. lifted its holdings in shares of VanEck Junior Gold Miners ETF by 98.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 159 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in VanEck Junior Gold Miners ETF in the third quarter worth $33,000. Root Financial Partners LLC bought a new position in VanEck Junior Gold Miners ETF in the third quarter valued at $34,000. Total Investment Management Inc. bought a new position in VanEck Junior Gold Miners ETF in the second quarter valued at $27,000. Finally, City Holding Co. purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at about $50,000.

VanEck Junior Gold Miners ETF Stock Down 3.9%

Shares of GDXJ stock opened at $104.77 on Friday. The business has a 50-day moving average price of $134.71 and a two-hundred day moving average price of $113.18. VanEck Junior Gold Miners ETF has a 12-month low of $49.33 and a 12-month high of $157.49. The firm has a market cap of $8.71 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.