Tocqueville Asset Management L.P. Increases Stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Tocqueville Asset Management L.P. raised its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,198 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in VanEck Junior Gold Miners ETF were worth $350,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Quadrature Capital Ltd acquired a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter valued at $53,479,000. IMC Chicago LLC raised its position in VanEck Junior Gold Miners ETF by 102.6% in the 4th quarter. IMC Chicago LLC now owns 26,712 shares of the exchange traded fund’s stock valued at $1,142,000 after purchasing an additional 1,062,702 shares in the last quarter. Panview Capital Ltd purchased a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $29,506,000. Public Sector Pension Investment Board acquired a new position in shares of VanEck Junior Gold Miners ETF during the third quarter worth about $21,964,000. Finally, Wellington Shields Capital Management LLC increased its stake in shares of VanEck Junior Gold Miners ETF by 1,108.4% during the fourth quarter. Wellington Shields Capital Management LLC now owns 204,825 shares of the exchange traded fund’s stock worth $8,756,000 after buying an additional 187,875 shares during the period.

VanEck Junior Gold Miners ETF Stock Down 0.3 %

Shares of VanEck Junior Gold Miners ETF stock opened at $56.38 on Friday. VanEck Junior Gold Miners ETF has a 52-week low of $36.13 and a 52-week high of $57.65. The company has a market capitalization of $5.40 billion, a P/E ratio of 19.93 and a beta of 1.24. The company has a 50 day moving average of $50.10 and a 200 day moving average of $48.61.

VanEck Junior Gold Miners ETF 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.