Financially Speaking Inc Invests $6.66 Million in VanEck Junior Gold Miners ETF $GDXJ

Financially Speaking Inc acquired a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 67,238 shares of the exchange traded fund’s stock, valued at approximately $6,659,000. VanEck Junior Gold Miners ETF accounts for approximately 4.4% of Financially Speaking Inc’s portfolio, making the stock its 8th largest holding. Financially Speaking Inc owned about 0.08% of VanEck Junior Gold Miners ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GDXJ. TD Waterhouse Canada Inc. boosted its position in VanEck Junior Gold Miners ETF by 98.1% in the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 159 shares during the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $33,000. Root Financial Partners LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $34,000. Total Investment Management Inc. purchased a new position in shares of VanEck Junior Gold Miners ETF in the second quarter worth approximately $27,000. Finally, City Holding Co. purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth approximately $50,000.

VanEck Junior Gold Miners ETF Trading Up 3.6%

Shares of GDXJ stock opened at $141.17 on Thursday. VanEck Junior Gold Miners ETF has a 12 month low of $47.29 and a 12 month high of $152.24. The stock has a market cap of $11.74 billion, a P/E ratio of 24.09 and a beta of 0.74. The company has a 50 day simple moving average of $123.79 and a two-hundred day simple moving average of $101.55.

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.