Cibc World Market Inc. Cuts Stock Holdings in VanEck Junior Gold Miners ETF $GDXJ

Cibc World Market Inc. decreased its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 47.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,593 shares of the exchange traded fund’s stock after selling 12,966 shares during the period. Cibc World Market Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $1,660,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Bank of Montreal Can boosted its position in shares of VanEck Junior Gold Miners ETF by 124.9% during the third quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after buying an additional 2,149,559 shares during the last quarter. Lingotto Investment Management LLP boosted its position in VanEck Junior Gold Miners ETF by 0.8% in the fourth quarter. Lingotto Investment Management LLP now owns 2,602,894 shares of the exchange traded fund’s stock worth $296,157,000 after purchasing an additional 20,157 shares during the last quarter. Invesco Ltd. boosted its position in VanEck Junior Gold Miners ETF by 1.2% in the third quarter. Invesco Ltd. now owns 1,982,116 shares of the exchange traded fund’s stock worth $196,289,000 after purchasing an additional 23,234 shares during the last quarter. BNP Paribas Financial Markets boosted its position in VanEck Junior Gold Miners ETF by 56.4% in the third quarter. BNP Paribas Financial Markets now owns 1,355,079 shares of the exchange traded fund’s stock worth $134,193,000 after purchasing an additional 488,893 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its position in VanEck Junior Gold Miners ETF by 4.1% in the fourth quarter. Teacher Retirement System of Texas now owns 379,000 shares of the exchange traded fund’s stock worth $43,123,000 after purchasing an additional 15,000 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 2.0%

GDXJ stock opened at $99.54 on Wednesday. The stock’s fifty day simple moving average is $119.67 and its two-hundred day simple moving average is $122.60. VanEck Junior Gold Miners ETF has a 1-year low of $63.90 and a 1-year high of $157.49. The stock has a market cap of $7.45 billion, a P/E ratio of 24.09 and a beta of 0.79.

VanEck Junior Gold Miners ETF 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.