Moors & Cabot Inc. Decreases Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Moors & Cabot Inc. decreased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,241 shares of the exchange traded fund’s stock after selling 1,017 shares during the quarter. Moors & Cabot Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $793,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV lifted its stake in shares of VanEck Junior Gold Miners ETF by 2.6% in the third quarter. Nations Financial Group Inc. IA ADV now owns 15,641 shares of the exchange traded fund’s stock worth $763,000 after acquiring an additional 400 shares in the last quarter. 180 Wealth Advisors LLC raised its position in shares of VanEck Junior Gold Miners ETF by 5.5% in the 2nd quarter. 180 Wealth Advisors LLC now owns 7,744 shares of the exchange traded fund’s stock valued at $326,000 after purchasing an additional 405 shares in the last quarter. Ridgewood Investments LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at approximately $29,000. Verus Capital Partners LLC boosted its stake in shares of VanEck Junior Gold Miners ETF by 15.6% during the 3rd quarter. Verus Capital Partners LLC now owns 5,550 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 750 shares during the last quarter. Finally, Arlington Trust Co LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter worth approximately $37,000.

VanEck Junior Gold Miners ETF Price Performance

GDXJ opened at $48.34 on Friday. VanEck Junior Gold Miners ETF has a 12-month low of $30.89 and a 12-month high of $55.58. The stock has a market capitalization of $5.68 billion, a PE ratio of 24.80 and a beta of 1.03. The firm’s fifty day moving average price is $49.79 and its 200 day moving average price is $46.32.

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.