Pekin Hardy Strauss Inc. Acquires 1,915 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Pekin Hardy Strauss Inc. raised its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 9.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 23,245 shares of the exchange traded fund’s stock after acquiring an additional 1,915 shares during the period. Pekin Hardy Strauss Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $1,135,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Cerity Partners LLC grew its holdings in shares of VanEck Junior Gold Miners ETF by 30.9% during the third quarter. Cerity Partners LLC now owns 32,370 shares of the exchange traded fund’s stock worth $1,580,000 after purchasing an additional 7,650 shares in the last quarter. Meridian Wealth Management LLC bought a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at approximately $318,000. Nwam LLC purchased a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $5,586,000. Howe & Rusling Inc. increased its holdings in shares of VanEck Junior Gold Miners ETF by 73.6% in the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 914 shares during the last quarter. Finally, LMR Partners LLP purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at $266,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDXJ opened at $48.34 on Monday. The firm has a market capitalization of $5.68 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 52-week low of $30.89 and a 52-week high of $55.58. The firm has a fifty day moving average of $49.77 and a 200 day moving average of $46.43.

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.