Bard Associates Inc. Reduces Holdings in VanEck Junior Gold Miners ETF $GDXJ

Bard Associates Inc. reduced its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 28.0% during the third quarter, HoldingsChannel reports. The firm owned 49,011 shares of the exchange traded fund’s stock after selling 19,065 shares during the quarter. VanEck Junior Gold Miners ETF comprises about 1.3% of Bard Associates Inc.’s holdings, making the stock its 28th largest holding. Bard Associates Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $4,854,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in GDXJ. Beck Mack & Oliver LLC grew its holdings in VanEck Junior Gold Miners ETF by 2.7% during the 3rd quarter. Beck Mack & Oliver LLC now owns 5,650 shares of the exchange traded fund’s stock valued at $560,000 after purchasing an additional 150 shares in the last quarter. Creative Planning lifted its holdings in VanEck Junior Gold Miners ETF by 333.3% in the 3rd quarter. Creative Planning now owns 21,290 shares of the exchange traded fund’s stock worth $2,108,000 after buying an additional 16,377 shares in the last quarter. SummitTX Capital L.P. boosted its position in VanEck Junior Gold Miners ETF by 3.6% in the 3rd quarter. SummitTX Capital L.P. now owns 57,800 shares of the exchange traded fund’s stock valued at $5,724,000 after buying an additional 2,000 shares during the last quarter. Ancora Advisors LLC boosted its position in VanEck Junior Gold Miners ETF by 21.8% in the 3rd quarter. Ancora Advisors LLC now owns 6,980 shares of the exchange traded fund’s stock valued at $691,000 after buying an additional 1,250 shares during the last quarter. Finally, Equitable Holdings Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter valued at about $236,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of NYSEARCA GDXJ opened at $123.93 on Friday. VanEck Junior Gold Miners ETF has a 1 year low of $49.33 and a 1 year high of $157.49. The stock’s 50-day simple moving average is $135.14 and its 200-day simple moving average is $112.11. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74.

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.