Hollencrest Capital Management Acquires 2,941 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Hollencrest Capital Management raised its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 3.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 79,716 shares of the exchange traded fund’s stock after acquiring an additional 2,941 shares during the period. Hollencrest Capital Management owned approximately 0.07% of VanEck Junior Gold Miners ETF worth $3,891,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ridgewood Investments LLC purchased a new position in VanEck Junior Gold Miners ETF during the second quarter valued at $29,000. Arlington Trust Co LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $37,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of VanEck Junior Gold Miners ETF during the second quarter valued at $36,000. MCF Advisors LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $76,000. Finally, NBC Securities Inc. lifted its stake in 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 worth $129,000 after acquiring an additional 2,225 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ traded down $1.22 during trading hours on Friday, hitting $49.10. The company’s stock had a trading volume of 2,547,759 shares, compared to its average volume of 5,772,046. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The firm’s fifty day moving average price is $49.30 and its 200 day moving average price is $45.92. VanEck Junior Gold Miners ETF has a 52 week low of $30.89 and a 52 week high of $55.58.

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.