Arete Wealth Advisors LLC Reduces Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Arete Wealth Advisors LLC trimmed its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 27.0% in the first quarter, Holdings Channel reports. The institutional investor owned 5,860 shares of the exchange traded fund’s stock after selling 2,169 shares during the quarter. Arete Wealth Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $335,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Polar Asset Management Partners Inc. boosted its holdings in shares of VanEck Junior Gold Miners ETF by 199.5% in the fourth quarter. Polar Asset Management Partners Inc. now owns 60,200 shares of the exchange traded fund’s stock worth $2,574,000 after acquiring an additional 40,100 shares during the period. Rafferty Asset Management LLC boosted its stake in VanEck Junior Gold Miners ETF by 28.8% in the 4th quarter. Rafferty Asset Management LLC now owns 2,968,980 shares of the exchange traded fund’s stock worth $126,924,000 after purchasing an additional 663,924 shares during the period. GTS Securities LLC grew its holdings in VanEck Junior Gold Miners ETF by 126.4% during the 4th quarter. GTS Securities LLC now owns 12,685 shares of the exchange traded fund’s stock valued at $542,000 after buying an additional 60,716 shares in the last quarter. WCG Wealth Advisors LLC grew its holdings in VanEck Junior Gold Miners ETF by 3.6% during the 4th quarter. WCG Wealth Advisors LLC now owns 12,869 shares of the exchange traded fund’s stock valued at $550,000 after buying an additional 451 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of VanEck Junior Gold Miners ETF by 64.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,679 shares of the exchange traded fund’s stock valued at $328,000 after buying an additional 3,002 shares during the period.

VanEck Junior Gold Miners ETF Trading Up 2.9%

Shares of VanEck Junior Gold Miners ETF stock opened at $88.09 on Thursday. The company’s 50-day moving average price is $72.65 and its 200-day moving average price is $64.67. VanEck Junior Gold Miners ETF has a 12-month low of $41.85 and a 12-month high of $88.12. The company has a market cap of $7.14 billion, a price-to-earnings ratio of 24.09 and a beta of 1.06.

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.