VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) is Lingotto Investment Management LLP’s 9th Largest Position

Lingotto Investment Management LLP lessened its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,940,372 shares of the exchange traded fund’s stock after selling 71,841 shares during the period. VanEck Junior Gold Miners ETF makes up about 4.2% of Lingotto Investment Management LLP’s portfolio, making the stock its 9th biggest holding. Lingotto Investment Management LLP owned about 2.50% of VanEck Junior Gold Miners ETF worth $123,848,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GDXJ. Ridgewood Investments LLC purchased a new position in VanEck Junior Gold Miners ETF in the 2nd quarter worth $29,000. Sachetta LLC purchased a new position in VanEck Junior Gold Miners ETF in the 4th quarter worth $32,000. Vima LLC purchased a new position in VanEck Junior Gold Miners ETF in the 4th quarter worth $44,000. MCF Advisors LLC purchased a new position in VanEck Junior Gold Miners ETF in the 2nd quarter worth $76,000. Finally, ANTIPODES PARTNERS Ltd raised its stake in VanEck Junior Gold Miners ETF by 135.8% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 2,877 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 1,657 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ stock opened at $48.40 on Wednesday. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The business has a fifty day moving average of $45.54 and a 200 day moving average of $42.79. VanEck Junior Gold Miners ETF has a 1 year low of $30.46 and a 1 year high of $49.40.

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.