New Harbor Financial Group LLC Raises Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

New Harbor Financial Group LLC boosted its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 2.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,110 shares of the exchange traded fund’s stock after acquiring an additional 2,396 shares during the period. VanEck Junior Gold Miners ETF accounts for about 1.1% of New Harbor Financial Group LLC’s holdings, making the stock its 15th biggest position. New Harbor Financial Group LLC’s holdings in VanEck Junior Gold Miners ETF were worth $3,297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wells Fargo & Company MN grew its stake in VanEck Junior Gold Miners ETF by 38.8% in the 4th quarter. Wells Fargo & Company MN now owns 834,136 shares of the exchange traded fund’s stock worth $31,622,000 after buying an additional 233,244 shares in the last quarter. DAVENPORT & Co LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $210,000. Pettinga Financial Advisors LLC boosted its stake in shares of VanEck Junior Gold Miners ETF by 54.7% in the 1st quarter. Pettinga Financial Advisors LLC now owns 10,204 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 3,610 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at $32,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $256,000.

VanEck Junior Gold Miners ETF Stock Up 2.6 %

Shares of VanEck Junior Gold Miners ETF stock traded up $1.14 during trading on Friday, reaching $45.09. The company’s stock had a trading volume of 5,025,654 shares, compared to its average volume of 6,535,674. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $47.25. The company has a market cap of $5.30 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The firm’s 50-day moving average is $43.25 and its two-hundred day moving average is $38.83.

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.