Panview Capital Ltd Makes New Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Panview Capital Ltd acquired a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 690,200 shares of the exchange traded fund’s stock, valued at approximately $29,506,000. VanEck Junior Gold Miners ETF makes up about 6.3% of Panview Capital Ltd’s investment portfolio, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also modified their holdings of GDXJ. Arlington Trust Co LLC bought a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at $37,000. FMR LLC grew its holdings in VanEck Junior Gold Miners ETF by 101.3% during the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 631 shares during the last quarter. Principal Securities Inc. lifted its position in VanEck Junior Gold Miners ETF by 20.7% during the 4th quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 242 shares during the period. Blue Trust Inc. lifted its position in VanEck Junior Gold Miners ETF by 50.0% during the 4th quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock valued at $90,000 after purchasing an additional 700 shares during the period. Finally, Howe & Rusling Inc. lifted its position in VanEck Junior Gold Miners ETF by 73.6% during the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 914 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $50.37 on Friday. The company has a market capitalization of $5.92 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The firm’s 50 day simple moving average is $47.05 and its 200 day simple moving average is $47.77. VanEck Junior Gold Miners ETF has a fifty-two week low of $31.00 and a fifty-two week high of $55.58.

VanEck Junior Gold Miners ETF Profile

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.