Freemont Management S.A. Purchases 30,000 Shares of VanEck Junior Gold Miners ETF $GDXJ

Freemont Management S.A. acquired a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the third quarter, according to its most recent filing with the SEC. The fund acquired 30,000 shares of the exchange traded fund’s stock, valued at approximately $3,418,000. VanEck Junior Gold Miners ETF accounts for approximately 3.3% of Freemont Management S.A.’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Pekin Hardy Strauss Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter valued at about $3,757,000. Kestra Advisory Services LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 8.0% in the third quarter. Kestra Advisory Services LLC now owns 60,454 shares of the exchange traded fund’s stock valued at $6,889,000 after acquiring an additional 4,457 shares during the period. Commonwealth Equity Services LLC purchased a new position in VanEck Junior Gold Miners ETF during the third quarter valued at approximately $18,245,000. Chicago Partners Investment Group LLC bought a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $227,000. Finally, MH & Associates Securities Management Corp ADV bought a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $576,000.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA GDXJ opened at $104.79 on Friday. VanEck Junior Gold Miners ETF has a 1 year low of $89.83 and a 1 year high of $157.49. The stock has a market capitalization of $7.76 billion, a PE ratio of 24.09 and a beta of 0.88. The company’s 50 day simple moving average is $114.77 and its two-hundred day simple moving average is $118.06.

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.