450,000 Shares in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board bought a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 450,000 shares of the exchange traded fund’s stock, valued at approximately $21,964,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter worth $29,000. Strategic Investment Solutions Inc. IL acquired a new stake in VanEck Junior Gold Miners ETF in the 2nd quarter worth $36,000. Arlington Trust Co LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth about $37,000. FMR LLC raised its position in shares of VanEck Junior Gold Miners ETF by 101.3% during the third quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 631 shares during the last quarter. Finally, MCF Advisors LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $76,000.

VanEck Junior Gold Miners ETF Stock Up 1.1 %

GDXJ stock opened at $47.17 on Thursday. VanEck Junior Gold Miners ETF has a twelve month low of $30.89 and a twelve month high of $55.58. The company has a market cap of $5.54 billion, a PE ratio of 24.80 and a beta of 1.03. The business’s 50-day simple moving average is $49.69 and its 200 day simple moving average is $46.47.

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.