Copley Financial Group Inc. Takes $5.09 Million Position in VanEck Junior Gold Miners ETF $GDXJ

Copley Financial Group Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,773 shares of the exchange traded fund’s stock, valued at approximately $5,094,000. VanEck Junior Gold Miners ETF makes up approximately 3.1% of Copley Financial Group Inc.’s investment portfolio, making the stock its 10th largest holding. Copley Financial Group Inc. owned 0.05% of VanEck Junior Gold Miners ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in GDXJ. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. Colonial Trust Advisors bought a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $28,000. Arax Advisory Partners bought a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $44,000. Flagship Harbor Advisors LLC acquired a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at $45,000. Finally, Allworth Financial LP lifted its position in shares of VanEck Junior Gold Miners ETF by 39.0% during the 4th quarter. Allworth Financial LP now owns 417 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 117 shares during the period.

VanEck Junior Gold Miners ETF Stock Up 2.3%

Shares of NYSEARCA GDXJ opened at $114.44 on Wednesday. The firm has a market cap of $8.56 billion, a PE ratio of 24.09 and a beta of 0.79. The company’s fifty day simple moving average is $118.19 and its 200 day simple moving average is $122.84. VanEck Junior Gold Miners ETF has a 12-month low of $63.90 and a 12-month high of $157.49.

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.