Eschler Asset Management LLP Reduces Stock Holdings in VanEck Junior Gold Miners ETF $GDXJ

Eschler Asset Management LLP cut its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 62.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,781 shares of the exchange traded fund’s stock after selling 94,219 shares during the quarter. VanEck Junior Gold Miners ETF comprises about 4.1% of Eschler Asset Management LLP’s portfolio, making the stock its 8th biggest position. Eschler Asset Management LLP owned approximately 0.07% of VanEck Junior Gold Miners ETF worth $5,524,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Bank of Montreal Can boosted its position in VanEck Junior Gold Miners ETF by 124.9% during the third quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after purchasing an additional 2,149,559 shares in the last quarter. Lingotto Investment Management LLP grew its stake in VanEck Junior Gold Miners ETF by 2.0% in the second quarter. Lingotto Investment Management LLP now owns 2,575,680 shares of the exchange traded fund’s stock valued at $174,090,000 after purchasing an additional 50,185 shares during the last quarter. Invesco Ltd. raised its holdings in VanEck Junior Gold Miners ETF by 1.2% in the third quarter. Invesco Ltd. now owns 1,982,116 shares of the exchange traded fund’s stock worth $196,289,000 after purchasing an additional 23,234 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in VanEck Junior Gold Miners ETF by 56.4% in the third quarter. BNP Paribas Financial Markets now owns 1,355,079 shares of the exchange traded fund’s stock worth $134,193,000 after purchasing an additional 488,893 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of VanEck Junior Gold Miners ETF by 2.3% during the second quarter. Cetera Investment Advisers now owns 712,741 shares of the exchange traded fund’s stock valued at $48,174,000 after buying an additional 16,137 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA:GDXJ opened at $131.59 on Friday. The company’s 50-day simple moving average is $134.93 and its 200-day simple moving average is $111.53. VanEck Junior Gold Miners ETF has a fifty-two week low of $49.33 and a fifty-two week high of $157.49. The stock has a market capitalization of $10.94 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.