Cypress Capital Group Buys New Stake in VanEck Junior Gold Miners ETF $GDXJ

Cypress Capital Group purchased a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the first quarter, HoldingsChannel.com reports. The fund purchased 31,458 shares of the exchange traded fund’s stock, valued at approximately $3,776,000.

Several other hedge funds have also bought and sold shares of GDXJ. Grand Central Investment Group boosted its holdings in shares of VanEck Junior Gold Miners ETF by 1.4% during the 1st quarter. Grand Central Investment Group now owns 6,368 shares of the exchange traded fund’s stock valued at $764,000 after purchasing an additional 89 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of VanEck Junior Gold Miners ETF by 1.8% in the fourth quarter. Silver Oak Securities Incorporated now owns 6,337 shares of the exchange traded fund’s stock worth $730,000 after purchasing an additional 109 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. lifted its position in shares of VanEck Junior Gold Miners ETF by 2.1% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 5,430 shares of the exchange traded fund’s stock worth $618,000 after buying an additional 112 shares in the last quarter. Allworth Financial LP lifted its position in shares of VanEck Junior Gold Miners ETF by 39.0% in the fourth quarter. Allworth Financial LP now owns 417 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 117 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in VanEck Junior Gold Miners ETF by 5.7% during the first quarter. Chicago Partners Investment Group LLC now owns 2,317 shares of the exchange traded fund’s stock valued at $291,000 after buying an additional 124 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Up 0.2%

Shares of VanEck Junior Gold Miners ETF stock opened at $97.80 on Friday. The firm has a market cap of $7.06 billion, a PE ratio of 24.09 and a beta of 0.84. The stock has a 50 day moving average of $104.04 and a 200 day moving average of $120.14. VanEck Junior Gold Miners ETF has a 12 month low of $63.90 and a 12 month 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.