Nkcfo LLC Makes New $455,000 Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Nkcfo LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 12,000 shares of the exchange traded fund’s stock, valued at approximately $455,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sapient Capital LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $1,138,000. Millburn Ridgefield Corp purchased a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at $3,758,000. Yong Rong HK Asset Management Ltd bought a new stake in VanEck Junior Gold Miners ETF in the fourth quarter worth $11,373,000. Cadence Wealth Management LLC purchased a new stake in VanEck Junior Gold Miners ETF during the fourth quarter valued at $13,252,000. Finally, Headlands Technologies LLC bought a new position in VanEck Junior Gold Miners ETF during the fourth quarter valued at $449,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of VanEck Junior Gold Miners ETF stock traded down $0.18 during trading hours on Friday, reaching $40.73. The company’s stock had a trading volume of 4,493,265 shares, compared to its average volume of 7,231,179. The firm has a 50 day moving average price of $38.48 and a 200-day moving average price of $36.35. The stock has a market cap of $4.79 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a one year low of $30.46 and a one year high of $44.70.

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.