VanEck Junior Gold Miners ETF $GDXJ Stake Raised by Eschler Asset Management LLP

Eschler Asset Management LLP raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 258.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 200,000 shares of the exchange traded fund’s stock after acquiring an additional 144,219 shares during the period. VanEck Junior Gold Miners ETF makes up 15.3% of Eschler Asset Management LLP’s portfolio, making the stock its biggest position. Eschler Asset Management LLP owned approximately 0.24% of VanEck Junior Gold Miners ETF worth $22,756,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of GDXJ. Bank of Montreal Can grew its stake in shares of VanEck Junior Gold Miners ETF by 124.9% in the third quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock worth $383,294,000 after acquiring an additional 2,149,559 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of VanEck Junior Gold Miners ETF by 1,289.6% in the second quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock worth $58,546,000 after acquiring an additional 803,854 shares during the last quarter. Rafferty Asset Management LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 30.1% in the fourth quarter. Rafferty Asset Management LLC now owns 1,750,475 shares of the exchange traded fund’s stock worth $199,169,000 after acquiring an additional 404,916 shares during the last quarter. Morgan Stanley grew its stake in shares of VanEck Junior Gold Miners ETF by 6.7% in the fourth quarter. Morgan Stanley now owns 2,306,483 shares of the exchange traded fund’s stock worth $262,432,000 after acquiring an additional 145,362 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter worth $7,914,000.

VanEck Junior Gold Miners ETF Trading Up 3.1%

NYSEARCA GDXJ opened at $104.26 on Friday. VanEck Junior Gold Miners ETF has a 12 month low of $63.90 and a 12 month high of $157.49. The stock has a market cap of $7.80 billion, a P/E ratio of 24.09 and a beta of 0.79. The stock’s fifty day moving average price is $118.55 and its 200-day moving average price is $122.53.

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.