Wilmington Savings Fund Society FSB Buys New Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Wilmington Savings Fund Society FSB bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,600 shares of the exchange traded fund’s stock, valued at approximately $273,000.

Several other hedge funds also recently added to or reduced their stakes in GDXJ. Ridgewood Investments LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $29,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $36,000. Arlington Trust Co LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the third quarter valued at about $37,000. FMR LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 101.3% in the third quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 631 shares during the period. Finally, MCF Advisors LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $76,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $46.51 on Wednesday. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58. The firm has a market capitalization of $5.46 billion, a PE ratio of 24.80 and a beta of 1.03. The stock’s 50-day simple moving average is $49.34 and its 200-day simple moving average is $46.78.

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.