Canoe Financial LP Has $5.45 Million Stock Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Canoe Financial LP cut its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 8.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 95,215 shares of the exchange traded fund’s stock after selling 8,942 shares during the quarter. Canoe Financial LP owned approximately 0.10% of VanEck Junior Gold Miners ETF worth $5,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GDXJ. Principal Securities Inc. increased its stake in shares of VanEck Junior Gold Miners ETF by 20.7% in the fourth quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 242 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of VanEck Junior Gold Miners ETF by 486.8% during the 4th quarter. D.A. Davidson & CO. now owns 46,005 shares of the exchange traded fund’s stock worth $1,967,000 after buying an additional 38,165 shares during the period. Atria Wealth Solutions Inc. grew its position in shares of VanEck Junior Gold Miners ETF by 14.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 33,169 shares of the exchange traded fund’s stock worth $1,418,000 after buying an additional 4,096 shares during the period. Sigma Planning Corp grew its position in shares of VanEck Junior Gold Miners ETF by 3.3% during the 4th quarter. Sigma Planning Corp now owns 16,069 shares of the exchange traded fund’s stock worth $687,000 after buying an additional 514 shares during the period. Finally, Panview Capital Ltd acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $29,506,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $67.20 on Friday. VanEck Junior Gold Miners ETF has a one year low of $40.26 and a one year high of $71.84. The company has a 50 day moving average of $64.33 and a 200-day moving average of $54.81. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 22.95 and a beta of 0.75.

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.