Summit Securities Group LLC Reduces Position in VanEck Junior Gold Miners ETF $GDXJ

Summit Securities Group LLC trimmed its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 92.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,700 shares of the exchange traded fund’s stock after selling 106,700 shares during the quarter. Summit Securities Group LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,044,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ibex Wealth Advisors bought a new position in VanEck Junior Gold Miners ETF in the 1st quarter valued at $636,000. Kestra Advisory Services LLC grew its holdings in shares of VanEck Junior Gold Miners ETF by 4.7% in the first quarter. Kestra Advisory Services LLC now owns 60,293 shares of the exchange traded fund’s stock worth $7,238,000 after purchasing an additional 2,696 shares during the last quarter. Money Concepts Capital Corp grew its holdings in shares of VanEck Junior Gold Miners ETF by 4.0% in the first quarter. Money Concepts Capital Corp now owns 40,743 shares of the exchange traded fund’s stock worth $4,891,000 after purchasing an additional 1,559 shares during the last quarter. DGS Capital Management LLC purchased a new position in VanEck Junior Gold Miners ETF in the 1st quarter worth about $269,000. Finally, Ascentis Independent Advisors purchased a new stake in VanEck Junior Gold Miners ETF in the 1st quarter valued at about $50,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ stock opened at $99.00 on Friday. The company has a market capitalization of $7.13 billion, a P/E ratio of 24.09 and a beta of 0.84. The company’s 50-day simple moving average is $109.75 and its two-hundred day simple moving average is $121.76. VanEck Junior Gold Miners ETF has a one year low of $63.90 and a one year high of $157.49.

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.