VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Sets New 12-Month High – Here’s Why

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $55.84 and last traded at $55.71, with a volume of 495182 shares trading hands. The stock had previously closed at $54.99.

VanEck Junior Gold Miners ETF Stock Performance

The stock’s 50-day moving average is $49.16 and its two-hundred day moving average is $48.35. The stock has a market cap of $5.34 billion, a PE ratio of 19.93 and a beta of 1.24.

Institutional Trading of VanEck Junior Gold Miners ETF

Institutional investors have recently bought and sold shares of the business. Duncker Streett & Co. Inc. acquired a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $45,000. FMR LLC increased its holdings in VanEck Junior Gold Miners ETF by 101.3% during the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after acquiring an additional 631 shares in the last quarter. Millstone Evans Group LLC acquired a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $60,000. Principal Securities Inc. lifted its position 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 acquiring an additional 242 shares in the last quarter. Finally, Kiker Wealth Management LLC purchased a new position in VanEck Junior Gold Miners ETF in the 4th quarter valued at about $69,000.

About VanEck Junior Gold Miners ETF

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.