Magnolia Capital Advisors LLC Invests $818,000 in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Magnolia Capital Advisors LLC bought a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the second quarter, HoldingsChannel.com reports. The fund bought 19,427 shares of the exchange traded fund’s stock, valued at approximately $818,000.

Several other large investors also recently bought and sold shares of the business. Ridgewood Investments LLC bought a new position in VanEck Junior Gold Miners ETF during the second quarter valued at $29,000. Vima LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $44,000. MCF Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at about $76,000. ANTIPODES PARTNERS Ltd grew its position in VanEck Junior Gold Miners ETF by 135.8% in the first quarter. ANTIPODES PARTNERS Ltd now owns 2,877 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 1,657 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in VanEck Junior Gold Miners ETF by 131.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,519 shares of the exchange traded fund’s stock worth $133,000 after acquiring an additional 2,000 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ stock opened at $49.62 on Monday. The company has a market cap of $5.83 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1 year low of $30.46 and a 1 year high of $51.74. The stock’s 50 day simple moving average is $46.00 and its two-hundred day simple moving average is $43.68.

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.