Banco BTG Pactual S.A. Invests $4.47 Million in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Banco BTG Pactual S.A. acquired a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJFree Report) during the fourth quarter, Holdings Channel reports. The firm acquired 117,100 shares of the exchange traded fund’s stock, valued at approximately $4,473,000. VanEck Junior Gold Miners ETF makes up approximately 0.6% of Banco BTG Pactual S.A.’s portfolio, making the stock its 23rd biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN raised its position in VanEck Junior Gold Miners ETF by 38.8% during the fourth quarter. Wells Fargo & Company MN now owns 834,136 shares of the exchange traded fund’s stock valued at $31,622,000 after purchasing an additional 233,244 shares in the last quarter. DAVENPORT & Co LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $210,000. Trust Co. of Vermont purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $32,000. Stratos Wealth Partners LTD. purchased a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $256,000. Finally, Fielder Capital Group LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $5,132,000.

VanEck Junior Gold Miners ETF Stock Down 0.5 %

Shares of GDXJ traded down $0.22 during trading hours on Friday, hitting $45.13. The company had a trading volume of 4,378,850 shares, compared to its average volume of 6,967,145. The firm has a market cap of $5.30 billion, a P/E ratio of 24.80 and a beta of 1.03. The stock’s 50 day moving average price is $42.19 and its 200 day moving average price is $37.78. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $47.25.

VanEck Junior Gold Miners ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

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