U S Global Investors Inc. Makes New $3.40 Million Investment in VanEck Junior Gold Miners ETF $GDXJ

U S Global Investors Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,800 shares of the exchange traded fund’s stock, valued at approximately $3,396,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of GDXJ. Professional Financial Management Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 0.5% in the 3rd quarter. Professional Financial Management Inc. now owns 86,295 shares of the exchange traded fund’s stock worth $9,833,000 after purchasing an additional 446 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter valued at $331,000. Root Financial Partners LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $59,000. Magnus Financial Group LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $237,000. Finally, Fifth Third Securities Inc. purchased a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter valued at $343,000.

VanEck Junior Gold Miners ETF Stock Down 6.7%

Shares of VanEck Junior Gold Miners ETF stock opened at $101.20 on Friday. VanEck Junior Gold Miners ETF has a 52 week low of $87.35 and a 52 week high of $157.49. The company has a market capitalization of $7.51 billion, a PE ratio of 24.09 and a beta of 0.88. The stock’s fifty day moving average is $120.15 and its two-hundred day moving average is $114.05.

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.