Steel Grove Capital Advisors LLC Makes New $3.03 Million Investment in VanEck Junior Gold Miners ETF $GDXJ

Steel Grove Capital Advisors LLC bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 26,612 shares of the exchange traded fund’s stock, valued at approximately $3,032,000.

Other large investors also recently added to or reduced their stakes in the company. Grand Central Investment Group boosted its position in VanEck Junior Gold Miners ETF by 1.4% during the first quarter. Grand Central Investment Group now owns 6,368 shares of the exchange traded fund’s stock valued at $764,000 after buying an additional 89 shares during the period. Chicago Partners Investment Group LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 5.7% in the first quarter. Chicago Partners Investment Group LLC now owns 2,317 shares of the exchange traded fund’s stock worth $291,000 after buying an additional 124 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of VanEck Junior Gold Miners ETF by 2.2% in the first quarter. Silver Oak Securities Incorporated now owns 6,477 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 140 shares during the period. FNY Investment Advisers LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 37.5% in the 2nd quarter. FNY Investment Advisers LLC now owns 554 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 151 shares during the last quarter. Finally, Cooper Financial Group lifted its stake in shares of VanEck Junior Gold Miners ETF by 9.3% in the 2nd quarter. Cooper Financial Group now owns 2,167 shares of the exchange traded fund’s stock valued at $213,000 after acquiring an additional 185 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ stock traded down $2.59 during trading on Tuesday, hitting $110.33. 1,171,345 shares of the company traded hands, compared to its average volume of 5,453,480. The firm has a market capitalization of $8.17 billion, a PE ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a 1 year low of $87.35 and a 1 year high of $157.49. The company has a 50-day moving average of $121.16 and a 200-day moving average of $114.54.

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.