Canoe Financial LP Purchases Shares of 104,157 VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Canoe Financial LP acquired a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 104,157 shares of the exchange traded fund’s stock, valued at approximately $4,453,000.

Several other large investors have also modified their holdings of GDXJ. Bank of Montreal Can boosted its holdings in shares of VanEck Junior Gold Miners ETF by 48.3% in the second quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock worth $190,934,000 after buying an additional 1,473,480 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $53,479,000. Public Sector Pension Investment Board acquired a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $21,964,000. Nwam LLC purchased a new position in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $5,586,000. Finally, Freemont Management S.A. purchased a new position in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $2,929,000.

VanEck Junior Gold Miners ETF Stock Up 0.5 %

GDXJ opened at $46.02 on Friday. The firm has a market capitalization of $5.41 billion, a P/E ratio of 24.80 and a beta of 1.03. The stock has a fifty day moving average of $45.99 and a 200-day moving average of $47.00. VanEck Junior Gold Miners ETF has a 12-month low of $30.89 and a 12-month high of $55.58.

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.