Polar Asset Management Partners Inc. Acquires Shares of 12,054 VanEck Junior Gold Miners ETF $GDXJ

Polar Asset Management Partners Inc. acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 12,054 shares of the exchange traded fund’s stock, valued at approximately $1,447,000.

Several other hedge funds and other institutional investors also recently modified their holdings of GDXJ. Princeton Global Asset Management LLC acquired a new position in VanEck Junior Gold Miners ETF in the first quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in VanEck Junior Gold Miners ETF during the fourth quarter valued at approximately $28,000. Colonial Trust Advisors acquired a new stake in VanEck Junior Gold Miners ETF during the fourth quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. bought a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. Finally, Arax Advisory Partners bought a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $44,000.

VanEck Junior Gold Miners ETF Trading Up 1.2%

Shares of GDXJ opened at $99.00 on Tuesday. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 24.09 and a beta of 0.84. The stock has a 50 day moving average of $103.71 and a 200-day moving average of $120.00. VanEck Junior Gold Miners ETF has a 52 week low of $63.90 and a 52 week high of $157.49.

VanEck Junior Gold Miners ETF 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.