Connective Capital Management LLC Takes Position in VanEck Junior Gold Miners ETF $GDXJ

Connective Capital Management LLC acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 8,294 shares of the exchange traded fund’s stock, valued at approximately $944,000. VanEck Junior Gold Miners ETF comprises 0.6% of Connective Capital Management LLC’s investment portfolio, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in GDXJ. Mercer Global Advisors Inc. ADV lifted its position in shares of VanEck Junior Gold Miners ETF by 132.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 14,907 shares of the exchange traded fund’s stock worth $1,696,000 after purchasing an additional 8,484 shares during the last quarter. Caitlin John LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 158.6% during the fourth quarter. Caitlin John LLC now owns 1,929 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 1,183 shares during the period. Corecam AG acquired a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $3,834,000. Regal Partners Ltd lifted its holdings in VanEck Junior Gold Miners ETF by 25.1% in the fourth quarter. Regal Partners Ltd now owns 20,368 shares of the exchange traded fund’s stock worth $2,317,000 after acquiring an additional 4,083 shares during the last quarter. Finally, Grand Central Investment Group bought a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter valued at approximately $714,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA GDXJ opened at $107.22 on Friday. VanEck Junior Gold Miners ETF has a 1-year low of $63.90 and a 1-year high of $157.49. The firm has a market capitalization of $8.02 billion, a PE ratio of 24.09 and a beta of 0.79. The business’s fifty day moving average price is $117.65 and its two-hundred day moving average price is $122.86.

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.