One Plus One Wealth Management LLC Cuts Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

One Plus One Wealth Management LLC reduced its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,825 shares of the exchange traded fund’s stock after selling 477 shares during the period. One Plus One Wealth Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,358,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDXJ. 180 Wealth Advisors LLC increased its stake 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 purchased a new position in VanEck Junior Gold Miners ETF in the second quarter valued at $29,000. Arlington Trust Co LLC purchased a new position in VanEck Junior Gold Miners ETF in the third quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at $36,000. Finally, Western Wealth Management LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 12.0% in the second quarter. Western Wealth Management LLC now owns 7,687 shares of the exchange traded fund’s stock valued at $324,000 after acquiring an additional 825 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ opened at $50.74 on Wednesday. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58. The firm has a 50-day simple moving average of $49.16 and a 200-day simple moving average of $45.87.

About VanEck Junior Gold Miners ETF

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.