Truist Financial Corp Has $9.64 Million Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Truist Financial Corp boosted its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 2,320.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 254,394 shares of the exchange traded fund’s stock after buying an additional 243,884 shares during the period. Truist Financial Corp owned about 0.24% of VanEck Junior Gold Miners ETF worth $9,644,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GDXJ. Riggs Asset Managment Co. Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth $26,000. Life Planning Partners Inc acquired a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth about $37,000. Trust Co. of Vermont purchased a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at about $32,000. ANTIPODES PARTNERS Ltd acquired a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $46,000. Finally, Signaturefd LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter worth approximately $40,000.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ stock opened at $40.91 on Friday. The firm has a 50 day simple moving average of $38.13 and a 200 day simple moving average of $36.24. VanEck Junior Gold Miners ETF has a 52 week low of $30.46 and a 52 week high of $44.70. The stock has a market cap of $4.81 billion, a P/E 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.