Riggs Asset Managment Co. Inc. Reduces Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Riggs Asset Managment Co. Inc. reduced its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,380 shares of the exchange traded fund’s stock after selling 7,093 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $1,497,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. MML Investors Services LLC raised its stake in VanEck Junior Gold Miners ETF by 4.2% in the third quarter. MML Investors Services LLC now owns 6,549 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 266 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 6.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 4,946 shares of the exchange traded fund’s stock valued at $211,000 after acquiring an additional 300 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of VanEck Junior Gold Miners ETF by 2.6% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 15,641 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 400 shares in the last quarter. Parsons Capital Management Inc. RI lifted its stake in VanEck Junior Gold Miners ETF by 1.4% during the fourth quarter. Parsons Capital Management Inc. RI now owns 33,904 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 477 shares during the last quarter. Finally, FMR LLC lifted its stake in VanEck Junior Gold Miners ETF by 101.3% during the third quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 631 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Down 1.7 %

Shares of VanEck Junior Gold Miners ETF stock opened at $48.37 on Friday. VanEck Junior Gold Miners ETF has a 52 week low of $30.89 and a 52 week high of $55.58. The firm’s 50 day moving average is $46.08 and its two-hundred day moving average is $47.12. The firm has a market capitalization of $5.68 billion, a P/E ratio of 24.80 and a beta of 1.03.

VanEck Junior Gold Miners ETF Company 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.