Wealth Enhancement Advisory Services LLC Takes Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Wealth Enhancement Advisory Services LLC purchased a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,677 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GDXJ. Ridgewood Investments LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth about $29,000. Strategic Investment Solutions Inc. IL purchased a new position in VanEck Junior Gold Miners ETF during the second quarter worth approximately $36,000. MCF Advisors LLC acquired a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $76,000. NBC Securities Inc. increased its position in shares of VanEck Junior Gold Miners ETF by 523.5% in the third quarter. NBC Securities Inc. now owns 2,650 shares of the exchange traded fund’s stock valued at $129,000 after buying an additional 2,225 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of VanEck Junior Gold Miners ETF by 103.1% during the 3rd quarter. Signaturefd LLC now owns 2,774 shares of the exchange traded fund’s stock worth $135,000 after buying an additional 1,408 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $46.87 on Tuesday. The business’s 50 day moving average price is $49.39 and its 200-day moving average price is $46.09. VanEck Junior Gold Miners ETF has a 1 year low of $30.89 and a 1 year high of $55.58. The firm has a market capitalization of $5.51 billion, a price-to-earnings 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.