Main Street Financial Solutions LLC Trims Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Main Street Financial Solutions LLC reduced its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 12.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,940 shares of the exchange traded fund’s stock after selling 4,775 shares during the quarter. Main Street Financial Solutions LLC’s holdings in VanEck Junior Gold Miners ETF were worth $3,862,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. RIA Advisory Group LLC increased its position in VanEck Junior Gold Miners ETF by 45.1% during the 4th quarter. RIA Advisory Group LLC now owns 37,327 shares of the exchange traded fund’s stock valued at $4,247,000 after purchasing an additional 11,605 shares during the period. Bleakley Financial Group LLC increased its position in VanEck Junior Gold Miners ETF by 23.1% during the 3rd quarter. Bleakley Financial Group LLC now owns 27,269 shares of the exchange traded fund’s stock valued at $2,700,000 after purchasing an additional 5,111 shares during the period. FNY Investment Advisers LLC increased its position in VanEck Junior Gold Miners ETF by 90,525.0% during the 4th quarter. FNY Investment Advisers LLC now owns 14,500 shares of the exchange traded fund’s stock valued at $1,649,000 after purchasing an additional 14,484 shares during the period. Southland Equity Partners LLC bought a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter valued at approximately $752,000. Finally, Harbor Investment Advisory LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 69.4% during the fourth quarter. Harbor Investment Advisory LLC now owns 51,862 shares of the exchange traded fund’s stock valued at $5,901,000 after purchasing an additional 21,255 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Down 4.1%

NYSEARCA GDXJ opened at $109.79 on Thursday. VanEck Junior Gold Miners ETF has a twelve month low of $63.90 and a twelve month high of $157.49. The firm has a market capitalization of $8.22 billion, a PE ratio of 24.09 and a beta of 0.79. The stock’s 50 day moving average is $117.96 and its 200 day moving average is $122.87.

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.