Bard Associates Inc. Has $3.72 Million Stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Bard Associates Inc. lessened its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 1.6% during the third quarter, Holdings Channel.com reports. The fund owned 76,187 shares of the exchange traded fund’s stock after selling 1,260 shares during the period. VanEck Junior Gold Miners ETF comprises 1.3% of Bard Associates Inc.’s investment portfolio, making the stock its 18th largest position. Bard Associates Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $3,719,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its position in VanEck Junior Gold Miners ETF by 48.3% during the second quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock valued at $190,934,000 after purchasing an additional 1,473,480 shares in the last quarter. Jane Street Group LLC boosted its stake in VanEck Junior Gold Miners ETF by 108.0% in the first quarter. Jane Street Group LLC now owns 2,629,000 shares of the exchange traded fund’s stock valued at $101,847,000 after buying an additional 1,365,157 shares in the last quarter. Cetera Investment Advisers grew its position in VanEck Junior Gold Miners ETF by 3,409.5% in the first quarter. Cetera Investment Advisers now owns 721,311 shares of the exchange traded fund’s stock valued at $27,944,000 after acquiring an additional 700,758 shares during the last quarter. Maple Rock Capital Partners Inc. acquired a new position in VanEck Junior Gold Miners ETF during the first quarter worth about $16,948,000. Finally, Cadence Wealth Management LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the second quarter worth about $15,387,000.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA GDXJ opened at $45.36 on Friday. The firm’s fifty day moving average price is $49.49 and its two-hundred day moving average price is $46.10. The stock has a market cap of $5.33 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58.

VanEck Junior Gold Miners ETF Company 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.