Commonwealth Equity Services LLC Lowers Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Commonwealth Equity Services LLC cut its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 4.0% in the third quarter, HoldingsChannel.com reports. The firm owned 150,829 shares of the exchange traded fund’s stock after selling 6,234 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Junior Gold Miners ETF were worth $14,937,000 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 stock. Farther Finance Advisors LLC lifted its stake in VanEck Junior Gold Miners ETF by 58.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 175 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of VanEck Junior Gold Miners ETF by 3.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,827 shares of the exchange traded fund’s stock worth $399,000 after purchasing an additional 177 shares during the last quarter. Smith Moore & CO. grew its stake in VanEck Junior Gold Miners ETF by 0.4% in the 2nd quarter. Smith Moore & CO. now owns 67,338 shares of the exchange traded fund’s stock worth $4,551,000 after acquiring an additional 287 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. increased its stake in shares of VanEck Junior Gold Miners ETF by 8.0% during the second quarter. Sumitomo Mitsui Financial Group Inc. now owns 5,245 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 388 shares during the period. Finally, MAI Capital Management increased its holdings in VanEck Junior Gold Miners ETF by 47.7% during the second quarter. MAI Capital Management now owns 1,207 shares of the exchange traded fund’s stock valued at $82,000 after buying an additional 390 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ stock opened at $121.95 on Friday. VanEck Junior Gold Miners ETF has a one year low of $43.95 and a one year high of $122.88. The firm has a 50-day simple moving average of $107.55 and a two-hundred day simple moving average of $90.93. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74.

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.