Sapient Capital LLC Raises Holdings in VanEck Junior Gold Miners ETF $GDXJ

Sapient Capital LLC grew its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 685.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,334 shares of the exchange traded fund’s stock after acquiring an additional 22,109 shares during the quarter. Sapient Capital LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,489,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Focus Financial Network Inc. increased its holdings in shares of VanEck Junior Gold Miners ETF by 13.8% in the second quarter. Focus Financial Network Inc. now owns 4,784 shares of the exchange traded fund’s stock valued at $323,000 after purchasing an additional 580 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Junior Gold Miners ETF by 28.7% during the second quarter. Envestnet Asset Management Inc. now owns 51,110 shares of the exchange traded fund’s stock worth $3,455,000 after purchasing an additional 11,390 shares during the period. Twelve Points Wealth Management LLC purchased a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $217,000. Royal Bank of Canada increased its holdings in VanEck Junior Gold Miners ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 349,218 shares of the exchange traded fund’s stock worth $19,975,000 after buying an additional 8,153 shares during the period. Finally, CWM LLC increased its holdings in VanEck Junior Gold Miners ETF by 19.0% in the 2nd quarter. CWM LLC now owns 26,239 shares of the exchange traded fund’s stock worth $1,773,000 after buying an additional 4,184 shares during the period.

VanEck Junior Gold Miners ETF Trading Up 2.2%

Shares of NYSEARCA GDXJ opened at $121.60 on Friday. The company has a 50 day simple moving average of $103.17 and a two-hundred day simple moving average of $87.56. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a 12 month low of $41.85 and a 12 month high of $122.17.

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.