U S Global Investors Inc. Buys New Stake in VanEck Junior Gold Miners ETF $GDXJ

U S Global Investors Inc. purchased a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 29,800 shares of the exchange traded fund’s stock, valued at approximately $3,396,000.

Other large investors have also recently made changes to their positions in the company. Professional Financial Management Inc. raised its stake in VanEck Junior Gold Miners ETF by 0.5% during the third quarter. Professional Financial Management Inc. now owns 86,295 shares of the exchange traded fund’s stock worth $9,833,000 after purchasing an additional 446 shares during the period. Brookstone Capital Management purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $331,000. Root Financial Partners LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $59,000. Magnus Financial Group LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $237,000. Finally, Fifth Third Securities Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $343,000.

VanEck Junior Gold Miners ETF Stock Down 6.7%

Shares of VanEck Junior Gold Miners ETF stock opened at $101.20 on Friday. The firm has a market cap of $7.51 billion, a PE ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a 52 week low of $87.35 and a 52 week high of $157.49. The business’s fifty day simple moving average is $120.15 and its 200-day simple moving average is $114.05.

VanEck Junior Gold Miners ETF Company 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.