Riggs Asset Managment Co. Inc. Purchases 41,978 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Riggs Asset Managment Co. Inc. lifted its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 8,480.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 42,473 shares of the exchange traded fund’s stock after buying an additional 41,978 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $2,073,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GDXJ. Bank of Montreal Can boosted its position in VanEck Junior Gold Miners ETF by 48.3% during the 2nd quarter. Bank of Montreal Can now owns 4,524,511 shares of the exchange traded fund’s stock worth $190,934,000 after buying an additional 1,473,480 shares during the period. Jane Street Group LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF by 108.0% during the first quarter. Jane Street Group LLC now owns 2,629,000 shares of the exchange traded fund’s stock worth $101,847,000 after purchasing an additional 1,365,157 shares during the period. BNP Paribas Financial Markets grew its stake in shares of VanEck Junior Gold Miners ETF by 98.7% in the first quarter. BNP Paribas Financial Markets now owns 1,450,252 shares of the exchange traded fund’s stock worth $56,183,000 after purchasing an additional 720,329 shares during the last quarter. Cetera Investment Advisers increased its holdings in VanEck Junior Gold Miners ETF by 1.8% in the second quarter. Cetera Investment Advisers now owns 734,442 shares of the exchange traded fund’s stock valued at $30,935,000 after purchasing an additional 13,131 shares during the period. Finally, Heartwood Wealth Advisors LLC raised its position in VanEck Junior Gold Miners ETF by 0.5% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 734,020 shares of the exchange traded fund’s stock worth $35,828,000 after purchasing an additional 3,975 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 1.7 %

Shares of GDXJ opened at $52.87 on Monday. The stock’s 50-day moving average price is $48.55 and its two-hundred day moving average price is $45.37. VanEck Junior Gold Miners ETF has a 12 month low of $30.89 and a 12 month high of $55.58. The company has a market capitalization of $6.21 billion, a PE ratio of 24.80 and a beta of 1.03.

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.