Traders Purchase Large Volume of VanEck Junior Gold Miners ETF Call Options (NYSEARCA:GDXJ)

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) was the recipient of some unusual options trading on Thursday. Traders bought 26,636 call options on the company. This represents an increase of 121% compared to the typical daily volume of 12,066 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Pureheart Capital Pte Ltd. lifted its position in shares of VanEck Junior Gold Miners ETF by 1.8% during the 2nd quarter. Pureheart Capital Pte Ltd. now owns 339,000 shares of the exchange traded fund’s stock valued at $22,913,000 after buying an additional 6,000 shares in the last quarter. Osaic Holdings Inc. raised its position in VanEck Junior Gold Miners ETF by 3.0% during the second quarter. Osaic Holdings Inc. now owns 26,698 shares of the exchange traded fund’s stock worth $1,805,000 after acquiring an additional 772 shares during the period. Total Investment Management Inc. purchased a new position in VanEck Junior Gold Miners ETF during the second quarter valued at $27,000. Newbridge Financial Services Group Inc. purchased a new position in VanEck Junior Gold Miners ETF during the second quarter valued at $325,000. Finally, Marex Group plc acquired a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $1,588,000.

VanEck Junior Gold Miners ETF Trading Down 0.3%

NYSEARCA GDXJ opened at $99.64 on Friday. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 24.09 and a beta of 1.06. The stock has a 50-day moving average of $80.83 and a 200 day moving average of $69.33. VanEck Junior Gold Miners ETF has a twelve month low of $41.85 and a twelve month high of $101.36.

About VanEck Junior Gold Miners ETF

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.