SeaBridge Investment Advisors LLC Reduces Holdings in VanEck Junior Gold Miners ETF $GDXJ

SeaBridge Investment Advisors LLC decreased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 29.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,461 shares of the exchange traded fund’s stock after selling 10,519 shares during the period. SeaBridge Investment Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,897,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GDXJ. Bank of Montreal Can grew its stake in shares of VanEck Junior Gold Miners ETF by 124.9% in the 3rd quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after buying an additional 2,149,559 shares during the period. BNP Paribas Financial Markets boosted its position in shares of VanEck Junior Gold Miners ETF by 1,289.6% during the 2nd quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock worth $58,546,000 after purchasing an additional 803,854 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth approximately $7,914,000. Foundations Investment Advisors LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $7,743,000. Finally, Abbington Investment Group purchased a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $7,716,000.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA:GDXJ opened at $132.77 on Wednesday. The stock has a market capitalization of $10.10 billion, a P/E ratio of 24.09 and a beta of 0.90. The company has a 50 day moving average price of $129.83 and a 200 day moving average price of $117.20. VanEck Junior Gold Miners ETF has a fifty-two week low of $57.40 and a fifty-two week high of $157.49.

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.