VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) is Ballew Advisors Inc’s 4th Largest Position

Ballew Advisors Inc raised its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6.2% in the 4th quarter, Holdings Channel reports. The firm owned 142,266 shares of the exchange traded fund’s stock after purchasing an additional 8,287 shares during the quarter. VanEck Junior Gold Miners ETF comprises about 3.7% of Ballew Advisors Inc’s investment portfolio, making the stock its 4th biggest holding. Ballew Advisors Inc’s holdings in VanEck Junior Gold Miners ETF were worth $4,931,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of GDXJ. Trust Co. of Vermont bought a new position in VanEck Junior Gold Miners ETF in the third quarter worth about $32,000. Perigon Wealth Management LLC acquired a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at approximately $215,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in VanEck Junior Gold Miners ETF during the 3rd quarter worth $81,000. UBS Group AG increased its position in VanEck Junior Gold Miners ETF by 129.7% in the third quarter. UBS Group AG now owns 1,564,205 shares of the exchange traded fund’s stock worth $50,414,000 after buying an additional 883,302 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its stake in VanEck Junior Gold Miners ETF by 50.7% in the third quarter. Cullen Frost Bankers Inc. now owns 2,466 shares of the exchange traded fund’s stock valued at $79,000 after buying an additional 830 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

Shares of VanEck Junior Gold Miners ETF stock traded up $0.83 during trading on Thursday, hitting $38.72. 8,492,253 shares of the stock were exchanged, compared to its average volume of 6,821,120. The stock’s fifty day moving average is $34.31 and its 200 day moving average is $34.89. The stock has a market cap of $4.15 billion, a PE ratio of 10.96 and a beta of 1.06. VanEck Junior Gold Miners ETF has a 12 month low of $30.46 and a 12 month high of $43.89.

About VanEck Junior Gold Miners ETF

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.