Ballew Advisors Inc Purchases 33,946 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Ballew Advisors Inc increased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 33.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 133,989 shares of the exchange traded fund’s stock after purchasing an additional 33,946 shares during the period. VanEck Junior Gold Miners ETF comprises about 3.8% of Ballew Advisors Inc’s investment portfolio, making the stock its 5th biggest holding. Ballew Advisors Inc owned 0.11% of VanEck Junior Gold Miners ETF worth $5,938,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GDXJ. Bank of Montreal Can increased its holdings in shares of VanEck Junior Gold Miners ETF by 48.3% in the 2nd quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock valued at $190,934,000 after purchasing an additional 1,473,480 shares during the period. Quadrature Capital Ltd acquired a new position in VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $53,479,000. Heartwood Wealth Advisors LLC lifted its position in VanEck Junior Gold Miners ETF by 0.6% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 738,389 shares of the exchange traded fund’s stock worth $31,566,000 after buying an additional 4,369 shares in the last quarter. Cetera Investment Advisers lifted its position in VanEck Junior Gold Miners ETF by 1.8% in the 2nd quarter. Cetera Investment Advisers now owns 734,442 shares of the exchange traded fund’s stock worth $30,935,000 after buying an additional 13,131 shares in the last quarter. Finally, Public Sector Pension Investment Board acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at $21,964,000.

VanEck Junior Gold Miners ETF Trading Up 0.5 %

NYSEARCA GDXJ opened at $46.02 on Friday. VanEck Junior Gold Miners ETF has a 1-year low of $30.89 and a 1-year high of $55.58. The firm’s fifty day simple moving average is $45.99 and its 200-day simple moving average is $47.03. The company has a market capitalization of $5.41 billion, a PE 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.