DRW Securities LLC Makes New Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

DRW Securities LLC bought a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the third quarter, Holdings Channel.com reports. The firm bought 49,705 shares of the exchange traded fund’s stock, valued at approximately $2,426,000.

Several other institutional investors also recently modified their holdings of GDXJ. Ridgewood Investments LLC bought a new position in VanEck Junior Gold Miners ETF during the second quarter valued at about $29,000. Strategic Investment Solutions Inc. IL purchased a new position in VanEck Junior Gold Miners ETF in the second quarter valued at about $36,000. Arlington Trust Co LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at approximately $37,000. MCF Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter valued at approximately $76,000. Finally, Howe & Rusling Inc. increased its stake in shares of VanEck Junior Gold Miners ETF by 73.6% during the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 914 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 0.2 %

NYSEARCA:GDXJ opened at $48.34 on Monday. VanEck Junior Gold Miners ETF has a 12 month low of $30.89 and a 12 month high of $55.58. The firm’s 50 day moving average is $49.77 and its 200 day moving average is $46.43. The stock 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 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.