Millburn Ridgefield Corp Buys Shares of 99,125 VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Millburn Ridgefield Corp bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, Holdings Channel reports. The firm bought 99,125 shares of the exchange traded fund’s stock, valued at approximately $3,758,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Alaska Permanent Fund Corp boosted its holdings in VanEck Junior Gold Miners ETF by 10.5% in the fourth quarter. Alaska Permanent Fund Corp now owns 6,936,920 shares of the exchange traded fund’s stock worth $262,979,000 after purchasing an additional 661,461 shares during the last quarter. Citigroup Inc. boosted its position in VanEck Junior Gold Miners ETF by 94.6% in the third quarter. Citigroup Inc. now owns 4,464,526 shares of the exchange traded fund’s stock worth $143,892,000 after purchasing an additional 2,170,733 shares during the last quarter. Rafferty Asset Management LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 27.0% during the 3rd quarter. Rafferty Asset Management LLC now owns 4,234,650 shares of the exchange traded fund’s stock valued at $136,483,000 after purchasing an additional 901,115 shares during the period. Toronto Dominion Bank increased its position in shares of VanEck Junior Gold Miners ETF by 119.2% during the 3rd quarter. Toronto Dominion Bank now owns 3,104,087 shares of the exchange traded fund’s stock valued at $100,045,000 after purchasing an additional 1,688,086 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of VanEck Junior Gold Miners ETF by 129.7% in the 3rd quarter. UBS Group AG now owns 1,564,205 shares of the exchange traded fund’s stock worth $50,414,000 after purchasing an additional 883,302 shares during the period.

VanEck Junior Gold Miners ETF Trading Down 0.4 %

GDXJ stock traded down $0.18 during midday trading on Friday, reaching $40.73. 4,493,265 shares of the company’s stock traded hands, compared to its average volume of 7,231,179. The stock’s 50-day moving average is $38.48 and its 200 day moving average is $36.33. The stock has a market cap of $4.79 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $44.70.

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.