Bank of Montreal Can Acquires 1,473,480 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Bank of Montreal Can grew its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 48.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,524,511 shares of the exchange traded fund’s stock after purchasing an additional 1,473,480 shares during the quarter. Bank of Montreal Can’s holdings in VanEck Junior Gold Miners ETF were worth $190,934,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GDXJ. Wells Fargo & Company MN lifted its holdings in shares of VanEck Junior Gold Miners ETF by 38.8% in the 4th quarter. Wells Fargo & Company MN now owns 834,136 shares of the exchange traded fund’s stock worth $31,622,000 after purchasing an additional 233,244 shares in the last quarter. Boston Partners bought a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter worth $261,000. Pettinga Financial Advisors LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF by 54.7% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,204 shares of the exchange traded fund’s stock worth $395,000 after purchasing an additional 3,610 shares in the last quarter. Comerica Bank lifted its holdings in shares of VanEck Junior Gold Miners ETF by 8.3% in the 1st quarter. Comerica Bank now owns 12,307 shares of the exchange traded fund’s stock worth $477,000 after purchasing an additional 938 shares in the last quarter. Finally, Caxton Associates LP bought a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter worth $2,390,000.

VanEck Junior Gold Miners ETF Stock Down 1.0 %

Shares of GDXJ opened at $49.20 on Tuesday. VanEck Junior Gold Miners ETF has a 12-month low of $30.46 and a 12-month high of $50.48. The business’s fifty day moving average is $45.74 and its 200 day moving average is $43.28. The stock has a market cap of $5.78 billion, a P/E ratio of 24.80 and a beta of 1.03.

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.