Cibc World Market Inc. Sells 12,966 Shares of VanEck Junior Gold Miners ETF $GDXJ

Cibc World Market Inc. reduced its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 47.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,593 shares of the exchange traded fund’s stock after selling 12,966 shares during the quarter. Cibc World Market Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $1,660,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. RIA Advisory Group LLC increased its holdings in VanEck Junior Gold Miners ETF by 45.1% in the fourth quarter. RIA Advisory Group LLC now owns 37,327 shares of the exchange traded fund’s stock worth $4,247,000 after purchasing an additional 11,605 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in VanEck Junior Gold Miners ETF by 23.1% in the third quarter. Bleakley Financial Group LLC now owns 27,269 shares of the exchange traded fund’s stock worth $2,700,000 after purchasing an additional 5,111 shares in the last quarter. FNY Investment Advisers LLC increased its holdings in VanEck Junior Gold Miners ETF by 90,525.0% in the fourth quarter. FNY Investment Advisers LLC now owns 14,500 shares of the exchange traded fund’s stock worth $1,649,000 after purchasing an additional 14,484 shares in the last quarter. Prospera Financial Services Inc increased its holdings in VanEck Junior Gold Miners ETF by 7.7% in the third quarter. Prospera Financial Services Inc now owns 65,488 shares of the exchange traded fund’s stock worth $6,485,000 after purchasing an additional 4,669 shares in the last quarter. Finally, Southland Equity Partners LLC bought a new stake in VanEck Junior Gold Miners ETF in the fourth quarter worth approximately $752,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $99.54 on Wednesday. The company has a market cap of $7.45 billion, a P/E ratio of 24.09 and a beta of 0.79. The stock has a 50 day simple moving average of $119.67 and a two-hundred day simple moving average of $122.60. VanEck Junior Gold Miners ETF has a fifty-two week low of $63.90 and a fifty-two week high of $157.49.

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.