VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) is Alaska Permanent Fund Corp’s 9th Largest Position

Alaska Permanent Fund Corp decreased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 19.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,285,629 shares of the exchange traded fund’s stock after selling 1,241,893 shares during the period. VanEck Junior Gold Miners ETF comprises approximately 3.4% of Alaska Permanent Fund Corp’s portfolio, making the stock its 9th biggest holding. Alaska Permanent Fund Corp owned about 4.50% of VanEck Junior Gold Miners ETF worth $225,961,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bank of Montreal Can raised its position in VanEck Junior Gold Miners ETF by 48.3% during the 2nd quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock valued at $190,934,000 after purchasing an additional 1,473,480 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of VanEck Junior Gold Miners ETF during the third quarter valued at approximately $53,479,000. Public Sector Pension Investment Board purchased a new stake in VanEck Junior Gold Miners ETF in the third quarter worth $21,964,000. Nwam LLC purchased a new stake in VanEck Junior Gold Miners ETF in the third quarter worth $5,586,000. Finally, Freemont Management S.A. bought a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at $2,929,000.

VanEck Junior Gold Miners ETF Trading Up 0.5 %

Shares of NYSEARCA GDXJ opened at $46.09 on Thursday. The firm has a fifty day simple moving average of $46.15 and a two-hundred day simple moving average of $46.98. VanEck Junior Gold Miners ETF has a 12 month low of $30.89 and a 12 month high of $55.58. The firm has a market capitalization of $5.42 billion, a PE ratio of 24.80 and a beta of 1.03.

VanEck Junior Gold Miners ETF Company 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.