Sigma Planning Corp Lowers Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Sigma Planning Corp lessened its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 74.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 15,555 shares of the exchange traded fund’s stock after selling 45,343 shares during the quarter. Sigma Planning Corp’s holdings in VanEck Junior Gold Miners ETF were worth $759,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in GDXJ. Bank of Montreal Can increased its holdings 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 worth $190,934,000 after buying an additional 1,473,480 shares during the last quarter. Jane Street Group LLC increased its holdings in VanEck Junior Gold Miners ETF by 108.0% during the first quarter. Jane Street Group LLC now owns 2,629,000 shares of the exchange traded fund’s stock worth $101,847,000 after buying an additional 1,365,157 shares during the last quarter. Cetera Investment Advisers increased its holdings in VanEck Junior Gold Miners ETF by 3,409.5% during the first quarter. Cetera Investment Advisers now owns 721,311 shares of the exchange traded fund’s stock worth $27,944,000 after buying an additional 700,758 shares during the last quarter. Maple Rock Capital Partners Inc. purchased a new stake 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 VanEck Junior Gold Miners ETF during the second quarter worth about $15,387,000.

VanEck Junior Gold Miners ETF Stock Down 1.8 %

Shares of NYSEARCA:GDXJ opened at $45.13 on Thursday. The firm has a market capitalization of $5.30 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a twelve month low of $30.89 and a twelve month high of $55.58. The company has a 50-day moving average price of $49.47 and a two-hundred day moving average price of $46.11.

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.