Hsbc Holdings PLC Acquires New Stake in VanEck Junior Gold Miners ETF $GDXJ

Hsbc Holdings PLC acquired a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 7,569 shares of the exchange traded fund’s stock, valued at approximately $866,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at about $28,000. Colonial Trust Advisors bought a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth about $28,000. Mcguire Capital Advisors Inc. bought a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth about $28,000. Arax Advisory Partners acquired a new stake in VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $44,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $45,000.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA GDXJ opened at $98.37 on Wednesday. The stock has a market capitalization of $7.07 billion, a price-to-earnings ratio of 24.09 and a beta of 0.84. The stock’s 50 day moving average price is $108.74 and its two-hundred day moving average price is $121.30. VanEck Junior Gold Miners ETF has a 52 week low of $63.90 and a 52 week high of $157.49.

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.