TBH Global Asset Management LLC Makes New Investment in VanEck Junior Gold Miners ETF $GDXJ

TBH Global Asset Management LLC purchased a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,510 shares of the exchange traded fund’s stock, valued at approximately $843,000.

A number of other institutional investors have also modified their holdings of the company. Total Investment Management Inc. acquired a new position in VanEck Junior Gold Miners ETF during the 2nd quarter worth about $27,000. Farther Finance Advisors LLC grew its position in VanEck Junior Gold Miners ETF by 58.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 175 shares in the last quarter. Fortitude Family Office LLC purchased a new stake in VanEck Junior Gold Miners ETF during the second quarter worth about $48,000. CENTRAL TRUST Co purchased a new stake in VanEck Junior Gold Miners ETF during the second quarter worth about $68,000. Finally, MAI Capital Management lifted its position in shares of VanEck Junior Gold Miners ETF by 47.7% during the second quarter. MAI Capital Management now owns 1,207 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 390 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA GDXJ opened at $115.14 on Wednesday. The firm has a market cap of $9.83 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74. The firm has a 50 day simple moving average of $103.72 and a 200-day simple moving average of $88.31. VanEck Junior Gold Miners ETF has a one year low of $42.15 and a one year high of $122.17.

About VanEck Junior Gold Miners ETF

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.