Wealthfront Advisers LLC Grows Holdings in VanEck Junior Gold Miners ETF $GDXJ

Wealthfront Advisers LLC lifted its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 30.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,327 shares of the exchange traded fund’s stock after acquiring an additional 4,759 shares during the quarter. Wealthfront Advisers LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,013,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. BNP Paribas Financial Markets increased its stake in shares of VanEck Junior Gold Miners ETF by 1,289.6% in the 2nd quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock valued at $58,546,000 after purchasing an additional 803,854 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of VanEck Junior Gold Miners ETF by 104.2% in the second quarter. Teacher Retirement System of Texas now owns 784,000 shares of the exchange traded fund’s stock valued at $52,991,000 after buying an additional 400,000 shares in the last quarter. Eschler Asset Management LLP purchased a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter valued at approximately $10,138,000. Qube Research & Technologies Ltd acquired a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth approximately $7,914,000. Finally, Lonestar Capital Management LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter valued at approximately $6,421,000.

VanEck Junior Gold Miners ETF Stock Performance

VanEck Junior Gold Miners ETF stock opened at $136.34 on Friday. The stock has a market capitalization of $11.34 billion, a P/E ratio of 24.09 and a beta of 0.74. The company’s fifty day moving average price is $124.82 and its 200 day moving average price is $102.48. VanEck Junior Gold Miners ETF has a 1 year low of $47.29 and a 1 year high of $152.24.

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.