Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in VanEck Junior Gold Miners ETF $GDXJ

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 500,000 shares of the exchange traded fund’s stock, valued at approximately $56,890,000. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.60% of VanEck Junior Gold Miners ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eschler Asset Management LLP grew its position in VanEck Junior Gold Miners ETF by 258.5% in the 4th quarter. Eschler Asset Management LLP now owns 200,000 shares of the exchange traded fund’s stock worth $22,756,000 after purchasing an additional 144,219 shares in the last quarter. Arax Advisory Partners bought a new stake in VanEck Junior Gold Miners ETF in the 4th quarter worth about $44,000. Atlas Capital Advisors Inc. bought a new stake in VanEck Junior Gold Miners ETF in the 4th quarter worth about $142,000. 360 Financial Inc. grew its position in VanEck Junior Gold Miners ETF by 2.2% in the 4th quarter. 360 Financial Inc. now owns 6,290 shares of the exchange traded fund’s stock worth $716,000 after purchasing an additional 135 shares in the last quarter. Finally, Stifel Financial Corp grew its position in VanEck Junior Gold Miners ETF by 7.9% in the 4th quarter. Stifel Financial Corp now owns 192,902 shares of the exchange traded fund’s stock worth $21,949,000 after purchasing an additional 14,090 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $104.26 on Monday. VanEck Junior Gold Miners ETF has a 52-week low of $63.90 and a 52-week high of $157.49. The company has a 50-day simple moving average of $118.55 and a two-hundred day simple moving average of $122.69. The company has a market capitalization of $7.80 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.