Nwam LLC Trims Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Nwam LLC lowered its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 109,936 shares of the exchange traded fund’s stock after selling 4,514 shares during the quarter. Nwam LLC’s holdings in VanEck Junior Gold Miners ETF were worth $4,700,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GDXJ. Lingotto Investment Management LLP boosted its holdings in VanEck Junior Gold Miners ETF by 2.5% in the 4th quarter. Lingotto Investment Management LLP now owns 2,468,267 shares of the exchange traded fund’s stock valued at $105,518,000 after purchasing an additional 59,589 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in VanEck Junior Gold Miners ETF by 6.2% in the fourth quarter. Bank of New York Mellon Corp now owns 8,501 shares of the exchange traded fund’s stock valued at $363,000 after acquiring an additional 498 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its holdings in VanEck Junior Gold Miners ETF by 16.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 23,171 shares of the exchange traded fund’s stock valued at $991,000 after acquiring an additional 3,206 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in VanEck Junior Gold Miners ETF during the fourth quarter worth $2,632,000. Finally, Panview Capital Ltd purchased a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at $29,506,000.

VanEck Junior Gold Miners ETF Stock Up 1.3 %

Shares of VanEck Junior Gold Miners ETF stock opened at $50.61 on Thursday. The business’s fifty day simple moving average is $47.32 and its 200-day simple moving average is $47.95. The firm has a market cap of $4.89 billion, a PE ratio of 17.55 and a beta of 1.26. VanEck Junior Gold Miners ETF has a 52 week low of $31.00 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.