VanEck Junior Gold Miners ETF Sees Unusually Large Options Volume (NYSEARCA:GDXJ)

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) saw some unusual options trading activity on Friday. Stock investors purchased 22,769 call options on the company. This is an increase of 34% compared to the average volume of 16,963 call options.

VanEck Junior Gold Miners ETF Stock Down 2.1 %

VanEck Junior Gold Miners ETF stock opened at $42.04 on Friday. The stock has a market cap of $4.51 billion, a P/E ratio of 10.96 and a beta of 1.06. VanEck Junior Gold Miners ETF has a twelve month low of $30.46 and a twelve month high of $44.70. The company’s 50-day moving average price is $35.84 and its two-hundred day moving average price is $35.38.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in shares of VanEck Junior Gold Miners ETF by 19.3% during the 1st quarter. International Assets Investment Management LLC now owns 15,854 shares of the exchange traded fund’s stock worth $621,000 after purchasing an additional 2,563 shares in the last quarter. One Plus One Wealth Management LLC grew its position in shares of VanEck Junior Gold Miners ETF by 8.4% during the 1st quarter. One Plus One Wealth Management LLC now owns 48,420 shares of the exchange traded fund’s stock worth $1,876,000 after purchasing an additional 3,750 shares in the last quarter. Enterprise Bank & Trust Co acquired a new position in shares of VanEck Junior Gold Miners ETF during the 1st quarter worth approximately $313,000. Alaska Permanent Fund Corp grew its position in shares of VanEck Junior Gold Miners ETF by 17.7% during the 1st quarter. Alaska Permanent Fund Corp now owns 8,167,154 shares of the exchange traded fund’s stock worth $316,396,000 after purchasing an additional 1,230,234 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC grew its position in shares of VanEck Junior Gold Miners ETF by 11.3% during the 1st quarter. Heartwood Wealth Advisors LLC now owns 726,290 shares of the exchange traded fund’s stock worth $28,136,000 after purchasing an additional 73,743 shares in the last quarter.

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.