VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Stake Increased by Ballew Advisors Inc

Ballew Advisors Inc raised its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,266 shares of the exchange traded fund’s stock after buying an additional 8,287 shares during the period. VanEck Junior Gold Miners ETF comprises approximately 3.7% of Ballew Advisors Inc’s investment portfolio, making the stock its 4th biggest position. Ballew Advisors Inc owned 0.13% of VanEck Junior Gold Miners ETF worth $4,931,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trust Co. of Vermont purchased a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $32,000. Perigon Wealth Management LLC bought a new position in VanEck Junior Gold Miners ETF in the third quarter worth approximately $215,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth $81,000. UBS Group AG increased its stake in shares of VanEck Junior Gold Miners ETF by 129.7% during the third quarter. UBS Group AG now owns 1,564,205 shares of the exchange traded fund’s stock valued at $50,414,000 after buying an additional 883,302 shares during the period. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of VanEck Junior Gold Miners ETF by 50.7% in the third quarter. Cullen Frost Bankers Inc. now owns 2,466 shares of the exchange traded fund’s stock valued at $79,000 after acquiring an additional 830 shares in the last quarter.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA GDXJ traded up $0.83 during trading on Thursday, reaching $38.72. 8,492,253 shares of the company’s stock traded hands, compared to its average volume of 6,821,120. The company’s 50 day simple moving average is $34.31 and its two-hundred day simple moving average is $34.89. VanEck Junior Gold Miners ETF has a 12-month low of $30.46 and a 12-month high of $43.89. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 10.96 and a beta of 1.06.

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.