First Heartland Consultants Inc. Makes New Investment in VanEck Junior Gold Miners ETF $GDXJ

First Heartland Consultants Inc. acquired a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,685 shares of the exchange traded fund’s stock, valued at approximately $755,000.

Several other hedge funds also recently modified their holdings of the stock. FNY Investment Advisers LLC grew its holdings in VanEck Junior Gold Miners ETF by 37.5% during the second quarter. FNY Investment Advisers LLC now owns 554 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 151 shares in the last quarter. Cooper Financial Group lifted its stake in VanEck Junior Gold Miners ETF by 9.3% during the 2nd quarter. Cooper Financial Group now owns 2,167 shares of the exchange traded fund’s stock valued at $213,000 after acquiring an additional 185 shares in the last quarter. 180 Wealth Advisors LLC lifted its stake in VanEck Junior Gold Miners ETF by 31.7% during the 2nd quarter. 180 Wealth Advisors LLC now owns 17,656 shares of the exchange traded fund’s stock valued at $1,735,000 after acquiring an additional 4,247 shares in the last quarter. Canandaigua National Bank & Trust Co. purchased a new position in VanEck Junior Gold Miners ETF during the 2nd quarter worth $295,000. Finally, Confluence Investment Management LLC boosted its holdings in VanEck Junior Gold Miners ETF by 15.7% during the 2nd quarter. Confluence Investment Management LLC now owns 14,447 shares of the exchange traded fund’s stock worth $1,419,000 after acquiring an additional 1,956 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA GDXJ opened at $117.62 on Friday. The company has a fifty day moving average price of $101.73 and a 200-day moving average price of $118.64. The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 24.09 and a beta of 0.85. VanEck Junior Gold Miners ETF has a 1 year low of $70.01 and a 1 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.