Principal Securities Inc. Purchases 242 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Principal Securities Inc. increased its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 20.7% in the 4th quarter, HoldingsChannel reports. The fund owned 1,411 shares of the exchange traded fund’s stock after acquiring an additional 242 shares during the period. Principal Securities Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $60,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GDXJ. Arlington Trust Co LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $37,000. FMR LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 101.3% in the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 631 shares in the last quarter. Blue Trust Inc. raised its stake in VanEck Junior Gold Miners ETF by 50.0% in the fourth quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 700 shares in the last quarter. Howe & Rusling Inc. boosted its position in VanEck Junior Gold Miners ETF by 73.6% during the third quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 914 shares in the last quarter. Finally, Focus Financial Network Inc. purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at approximately $203,000.

VanEck Junior Gold Miners ETF Stock Performance

VanEck Junior Gold Miners ETF stock opened at $48.38 on Friday. The stock has a market cap of $4.67 billion, a PE ratio of 17.55 and a beta of 1.26. The stock has a 50-day moving average of $47.41 and a two-hundred day moving average of $47.95. VanEck Junior Gold Miners ETF has a one year low of $31.00 and a one year 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.