Allspring Global Investments Holdings LLC Invests $15.73 Million in VanEck Junior Gold Miners ETF $GDXJ

Allspring Global Investments Holdings LLC acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the first quarter, Holdings Channel reports. The institutional investor acquired 125,575 shares of the exchange traded fund’s stock, valued at approximately $15,728,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Princeton Global Asset Management LLC acquired a new position in VanEck Junior Gold Miners ETF in the first quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. Colonial Trust Advisors purchased a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. Finally, Arax Advisory Partners acquired a new stake in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $44,000.

VanEck Junior Gold Miners ETF Stock Up 5.9%

NYSEARCA:GDXJ opened at $97.09 on Wednesday. The company has a fifty day simple moving average of $105.54 and a two-hundred day simple moving average of $120.50. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 24.09 and a beta of 0.84. VanEck Junior Gold Miners ETF has a 52 week low of $63.90 and a 52 week high of $157.49.

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.