DAVENPORT & Co LLC Decreases Stock Holdings in VanEck Junior Gold Miners ETF $GDXJ

DAVENPORT & Co LLC lowered its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 42.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,085 shares of the exchange traded fund’s stock after selling 5,182 shares during the quarter. DAVENPORT & Co LLC’s holdings in VanEck Junior Gold Miners ETF were worth $702,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of VanEck Junior Gold Miners ETF by 58.5% during the second quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 175 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Junior Gold Miners ETF by 3.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,827 shares of the exchange traded fund’s stock valued at $399,000 after purchasing an additional 177 shares during the period. Smith Moore & CO. raised its position in VanEck Junior Gold Miners ETF by 0.4% during the 2nd quarter. Smith Moore & CO. now owns 67,338 shares of the exchange traded fund’s stock valued at $4,551,000 after purchasing an additional 287 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 8.0% in the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 5,245 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 388 shares during the period. Finally, MAI Capital Management lifted its holdings in VanEck Junior Gold Miners ETF by 47.7% in the 2nd quarter. MAI Capital Management now owns 1,207 shares of the exchange traded fund’s stock worth $82,000 after buying an additional 390 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ opened at $113.82 on Tuesday. The stock has a market capitalization of $9.72 billion, a PE ratio of 24.09 and a beta of 0.74. The stock’s 50 day moving average price is $103.32 and its 200-day moving average price is $88.00. VanEck Junior Gold Miners ETF has a 52-week low of $41.85 and a 52-week high of $122.17.

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.