Bearing Point Capital LLC Has $15.32 Million Stake in VanEck Junior Gold Miners ETF $GDXJ

Bearing Point Capital LLC raised its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 7.8% in the 4th quarter, Holdings Channel reports. The firm owned 134,648 shares of the exchange traded fund’s stock after acquiring an additional 9,771 shares during the period. VanEck Junior Gold Miners ETF makes up 2.4% of Bearing Point Capital LLC’s investment portfolio, making the stock its 6th largest holding. Bearing Point Capital LLC’s holdings in VanEck Junior Gold Miners ETF were worth $15,320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GDXJ. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at about $28,000. TD Waterhouse Canada Inc. boosted its holdings in shares of VanEck Junior Gold Miners ETF by 98.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 159 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at about $45,000. Allworth Financial LP boosted its holdings 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 purchasing an additional 117 shares during the last quarter. Finally, Laurel Wealth Advisors LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at about $54,000.

VanEck Junior Gold Miners ETF Stock Up 3.9%

GDXJ opened at $119.29 on Friday. The firm has a 50-day simple moving average of $119.83 and a two-hundred day simple moving average of $121.94. VanEck Junior Gold Miners ETF has a 52 week low of $63.88 and a 52 week high of $157.49. The company has a market capitalization of $8.93 billion, a PE ratio of 24.09 and a beta of 0.79.

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.