Parsons Capital Management Inc. RI Has $1.45 Million Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Parsons Capital Management Inc. RI increased its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,904 shares of the exchange traded fund’s stock after buying an additional 477 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in VanEck Junior Gold Miners ETF were worth $1,449,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MML Investors Services LLC raised its position in VanEck Junior Gold Miners ETF by 4.2% during the third quarter. MML Investors Services LLC now owns 6,549 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 266 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth about $242,000. FMR LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 101.3% in the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 631 shares during the period. Signaturefd LLC lifted its stake in VanEck Junior Gold Miners ETF by 103.1% in the 3rd quarter. Signaturefd LLC now owns 2,774 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 1,408 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in VanEck Junior Gold Miners ETF by 5.7% during the third quarter. National Bank of Canada FI now owns 283,772 shares of the exchange traded fund’s stock worth $13,851,000 after purchasing an additional 15,311 shares during the period.

VanEck Junior Gold Miners ETF Stock Down 2.9 %

Shares of NYSEARCA GDXJ opened at $46.23 on Tuesday. VanEck Junior Gold Miners ETF has a twelve month low of $30.89 and a twelve month high of $55.58. The company has a market cap of $5.43 billion, a PE ratio of 24.80 and a beta of 1.03. The business’s 50 day moving average price is $46.10 and its two-hundred day moving average price is $47.11.

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.