Oxbow Advisors LLC Sells 823 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Oxbow Advisors LLC trimmed its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,408 shares of the exchange traded fund’s stock after selling 823 shares during the period. Oxbow Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,086,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MML Investors Services LLC increased its position in VanEck Junior Gold Miners ETF by 4.2% in the 3rd quarter. MML Investors Services LLC now owns 6,549 shares of the exchange traded fund’s stock valued at $320,000 after buying an additional 266 shares in the last quarter. Janney Montgomery Scott LLC increased its position in VanEck Junior Gold Miners ETF by 38.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 27,057 shares of the exchange traded fund’s stock valued at $1,157,000 after buying an additional 7,498 shares in the last quarter. Blue Trust Inc. increased its position in VanEck Junior Gold Miners ETF by 50.0% in the 4th quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock valued at $90,000 after buying an additional 700 shares in the last quarter. Captrust Financial Advisors bought a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $242,000. Finally, FMR LLC increased its position in VanEck Junior Gold Miners ETF by 101.3% in the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 631 shares in the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of VanEck Junior Gold Miners ETF stock opened at $50.37 on Friday. VanEck Junior Gold Miners ETF has a one year low of $31.00 and a one year high of $55.58. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03. The business has a 50-day simple moving average of $47.05 and a 200 day simple moving average of $47.73.

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.