Money Concepts Capital Corp Acquires 41,486 Shares of VanEck Junior Gold Miners ETF $GDXJ

Money Concepts Capital Corp acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the third quarter, HoldingsChannel.com reports. The fund acquired 41,486 shares of the exchange traded fund’s stock, valued at approximately $4,727,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GDXJ. CX Institutional acquired a new position in shares of VanEck Junior Gold Miners ETF during the third quarter worth about $28,000. Go Invest LLC acquired a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at about $30,000. Blume Capital Management Inc. acquired a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at about $33,000. Laurel Wealth Advisors LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $43,000. Finally, AlphaCore Capital LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $46,000.

VanEck Junior Gold Miners ETF Trading Down 4.7%

NYSEARCA GDXJ opened at $99.62 on Friday. The business’s 50 day moving average is $112.56 and its two-hundred day moving average is $117.21. VanEck Junior Gold Miners ETF has a 12-month low of $89.83 and a 12-month high of $157.49. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 12.76 and a beta of 0.88.

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.