VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Stock Position Boosted by Freemont Management S.A.

Freemont Management S.A. boosted its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 50.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,000 shares of the exchange traded fund’s stock after buying an additional 30,000 shares during the period. VanEck Junior Gold Miners ETF accounts for 1.7% of Freemont Management S.A.’s portfolio, making the stock its 20th biggest holding. Freemont Management S.A. owned about 0.08% of VanEck Junior Gold Miners ETF worth $3,848,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tocqueville Asset Management L.P. boosted its holdings in shares of VanEck Junior Gold Miners ETF by 2.5% in the fourth quarter. Tocqueville Asset Management L.P. now owns 8,198 shares of the exchange traded fund’s stock worth $350,000 after buying an additional 200 shares during the period. Principal Securities Inc. boosted its holdings in shares of VanEck Junior Gold Miners ETF by 20.7% in the fourth quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 242 shares during the period. MML Investors Services LLC boosted its holdings in shares of 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 worth $320,000 after buying an additional 266 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 6.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 4,946 shares of the exchange traded fund’s stock worth $211,000 after buying an additional 300 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of VanEck Junior Gold Miners ETF by 2.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 15,946 shares of the exchange traded fund’s stock worth $682,000 after buying an additional 305 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ opened at $56.49 on Tuesday. VanEck Junior Gold Miners ETF has a one year low of $35.34 and a one year high of $57.28. The company has a 50-day moving average of $49.42 and a two-hundred day moving average of $48.43. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 19.93 and a beta of 1.24.

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.