Hohimer Wealth Management LLC Takes Position in VanEck Junior Gold Miners ETF $GDXJ

Hohimer Wealth Management LLC purchased a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 28,110 shares of the exchange traded fund’s stock, valued at approximately $2,784,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Truist Financial Corp increased its holdings in shares of VanEck Junior Gold Miners ETF by 1.4% in the third quarter. Truist Financial Corp now owns 8,543 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 116 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of VanEck Junior Gold Miners ETF by 98.1% in the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 159 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of VanEck Junior Gold Miners ETF by 3.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,010 shares of the exchange traded fund’s stock worth $605,000 after acquiring an additional 183 shares during the period. Concurrent Investment Advisors LLC raised its holdings in VanEck Junior Gold Miners ETF by 4.1% during the third quarter. Concurrent Investment Advisors LLC now owns 5,102 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 200 shares in the last quarter. Finally, Beirne Wealth Consulting Services LLC lifted its position in VanEck Junior Gold Miners ETF by 0.8% in the third quarter. Beirne Wealth Consulting Services LLC now owns 31,291 shares of the exchange traded fund’s stock valued at $3,100,000 after purchasing an additional 239 shares during the period.

VanEck Junior Gold Miners ETF Trading Up 3.7%

Shares of GDXJ opened at $153.28 on Friday. The stock’s 50 day moving average is $130.18 and its two-hundred day moving average is $106.83. VanEck Junior Gold Miners ETF has a twelve month low of $47.29 and a twelve month high of $153.63. The firm has a market capitalization of $12.74 billion, a PE ratio of 24.09 and a beta of 0.74.

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.