Foundations Investment Advisors LLC Sells 49,632 Shares of VanEck Junior Gold Miners ETF $GDXJ

Foundations Investment Advisors LLC trimmed its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 63.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,554 shares of the exchange traded fund’s stock after selling 49,632 shares during the period. Foundations Investment Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $3,249,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can grew its stake in shares of VanEck Junior Gold Miners ETF by 124.9% during the 3rd quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after acquiring an additional 2,149,559 shares during the period. Invesco Ltd. lifted its holdings in VanEck Junior Gold Miners ETF by 1.2% during the third quarter. Invesco Ltd. now owns 1,982,116 shares of the exchange traded fund’s stock valued at $196,289,000 after purchasing an additional 23,234 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of VanEck Junior Gold Miners ETF by 56.4% in the third quarter. BNP Paribas Financial Markets now owns 1,355,079 shares of the exchange traded fund’s stock worth $134,193,000 after purchasing an additional 488,893 shares during the period. Teacher Retirement System of Texas boosted its position in shares of VanEck Junior Gold Miners ETF by 4.1% in the fourth quarter. Teacher Retirement System of Texas now owns 379,000 shares of the exchange traded fund’s stock worth $43,123,000 after purchasing an additional 15,000 shares during the period. Finally, Gemsstock Ltd. increased its stake in shares of VanEck Junior Gold Miners ETF by 24.7% in the third quarter. Gemsstock Ltd. now owns 365,858 shares of the exchange traded fund’s stock worth $36,231,000 after purchasing an additional 72,500 shares in the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ stock opened at $119.29 on Friday. VanEck Junior Gold Miners ETF has a one year low of $63.88 and a one year high of $157.49. The company’s fifty day moving average price is $119.83 and its 200-day moving average price is $121.94. The company has a market capitalization of $8.93 billion, a price-to-earnings ratio of 24.09 and a beta of 0.79.

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.