Cetera Investment Advisers Sells 43,178 Shares of VanEck Junior Gold Miners ETF $GDXJ

Cetera Investment Advisers lowered its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 651,747 shares of the exchange traded fund’s stock after selling 43,178 shares during the quarter. Cetera Investment Advisers owned approximately 0.87% of VanEck Junior Gold Miners ETF worth $78,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of GDXJ. Baird Financial Group Inc. boosted its stake in shares of VanEck Junior Gold Miners ETF by 22.2% in the 2nd quarter. Baird Financial Group Inc. now owns 26,075 shares of the exchange traded fund’s stock valued at $1,762,000 after purchasing an additional 4,731 shares in the last quarter. Amundi raised its position in VanEck Junior Gold Miners ETF by 97.1% in the 2nd quarter. Amundi now owns 138,000 shares of the exchange traded fund’s stock worth $9,418,000 after purchasing an additional 68,000 shares during the period. Cerity Partners LLC lifted its stake in VanEck Junior Gold Miners ETF by 15.7% in the second quarter. Cerity Partners LLC now owns 39,266 shares of the exchange traded fund’s stock worth $2,654,000 after purchasing an additional 5,320 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in VanEck Junior Gold Miners ETF in the second quarter worth $7,914,000. Finally, NewEdge Advisors LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 13.8% during the second quarter. NewEdge Advisors LLC now owns 14,604 shares of the exchange traded fund’s stock valued at $987,000 after buying an additional 1,767 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 2.9%

GDXJ opened at $97.60 on Friday. The company has a market cap of $7.05 billion, a P/E ratio of 24.09 and a beta of 0.84. The business’s 50-day moving average price is $104.41 and its 200-day moving average price is $120.30. VanEck Junior Gold Miners ETF has a 12 month low of $63.90 and a 12 month 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.