Ballew Advisors Inc Sells 17,586 Shares of VanEck Junior Gold Miners ETF $GDXJ

Ballew Advisors Inc decreased its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 87.1% in the fourth quarter, Holdings Channel reports. The firm owned 2,601 shares of the exchange traded fund’s stock after selling 17,586 shares during the quarter. Ballew Advisors Inc’s holdings in VanEck Junior Gold Miners ETF were worth $328,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. MAI Capital Management raised its stake 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 worth $82,000 after acquiring an additional 390 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 2nd quarter worth about $222,000. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck Junior Gold Miners ETF by 119.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,903 shares of the exchange traded fund’s stock worth $1,413,000 after purchasing an additional 11,372 shares in the last quarter. Scotia Capital Inc. grew its stake in VanEck Junior Gold Miners ETF by 32.5% during the second quarter. Scotia Capital Inc. now owns 9,595 shares of the exchange traded fund’s stock worth $649,000 after buying an additional 2,353 shares during the last quarter. Finally, Smith Moore & CO. increased its holdings in shares of VanEck Junior Gold Miners ETF by 0.4% during the second quarter. Smith Moore & CO. now owns 67,338 shares of the exchange traded fund’s stock worth $4,551,000 after buying an additional 287 shares in the last quarter.

VanEck Junior Gold Miners ETF Trading Up 4.4%

NYSEARCA:GDXJ opened at $110.58 on Friday. The stock has a market capitalization of $9.19 billion, a P/E ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a 1 year low of $49.33 and a 1 year high of $157.49. The firm has a 50 day moving average of $133.02 and a 200-day moving average of $114.27.

About VanEck Junior Gold Miners ETF

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.