VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV reduced its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 14.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,149 shares of the exchange traded fund’s stock after selling 2,061 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in VanEck Junior Gold Miners ETF were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in GDXJ. Boston Partners purchased a new position in VanEck Junior Gold Miners ETF in the first quarter valued at $261,000. Pettinga Financial Advisors LLC grew its position in shares of VanEck Junior Gold Miners ETF by 54.7% during the 1st quarter. Pettinga Financial Advisors LLC now owns 10,204 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 3,610 shares during the period. Comerica Bank grew its position in shares of VanEck Junior Gold Miners ETF by 8.3% during the 1st quarter. Comerica Bank now owns 12,307 shares of the exchange traded fund’s stock valued at $477,000 after acquiring an additional 938 shares during the period. Caxton Associates LP purchased a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $2,390,000. Finally, Private Advisor Group LLC raised its holdings in VanEck Junior Gold Miners ETF by 12.3% in the 1st quarter. Private Advisor Group LLC now owns 32,533 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 3,562 shares during the period.

VanEck Junior Gold Miners ETF Trading Down 3.1 %

Shares of GDXJ stock opened at $49.62 on Friday. VanEck Junior Gold Miners ETF has a 12-month low of $30.46 and a 12-month high of $51.74. The business’s 50 day moving average is $46.00 and its two-hundred day moving average is $43.58. The company has a market capitalization of $5.83 billion, a P/E ratio of 24.80 and a beta of 1.03.

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.