VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Hits New 1-Year High at $50.37

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $50.37 and last traded at $50.31, with a volume of 999375 shares trading hands. The stock had previously closed at $49.71.

VanEck Junior Gold Miners ETF Trading Up 0.2 %

The company has a market capitalization of $5.85 billion, a P/E ratio of 24.80 and a beta of 1.03. The stock has a 50 day moving average of $45.70 and a 200-day moving average of $43.19.

Institutional Investors Weigh In On VanEck Junior Gold Miners ETF

A number of institutional investors have recently added to or reduced their stakes in GDXJ. Ridgewood Investments LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter worth about $29,000. Strategic Investment Solutions Inc. IL purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth approximately $36,000. Vima LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at approximately $44,000. MCF Advisors LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at $76,000. Finally, ANTIPODES PARTNERS Ltd increased its position in VanEck Junior Gold Miners ETF by 135.8% in the first quarter. ANTIPODES PARTNERS Ltd now owns 2,877 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 1,657 shares during the last quarter.

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.