Empowered Funds LLC Buys Shares of 14,858 VanEck Junior Gold Miners ETF $GDXJ

Empowered Funds LLC purchased a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 14,858 shares of the exchange traded fund’s stock, valued at approximately $1,784,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in GDXJ. RIA Advisory Group LLC increased its stake in VanEck Junior Gold Miners ETF by 45.1% during the fourth quarter. RIA Advisory Group LLC now owns 37,327 shares of the exchange traded fund’s stock worth $4,247,000 after acquiring an additional 11,605 shares during the last quarter. Hsbc Holdings PLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at $866,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of VanEck Junior Gold Miners ETF by 76.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 35,729 shares of the exchange traded fund’s stock worth $4,065,000 after purchasing an additional 15,457 shares during the period. WESPAC Advisors SoCal LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the 1st quarter worth $996,000. Finally, Eschler Asset Management LLP grew its holdings in shares of VanEck Junior Gold Miners ETF by 258.5% during the 4th quarter. Eschler Asset Management LLP now owns 200,000 shares of the exchange traded fund’s stock worth $22,756,000 after purchasing an additional 144,219 shares during the period.

VanEck Junior Gold Miners ETF Trading Down 0.1%

Shares of GDXJ opened at $109.40 on Friday. The firm has a market cap of $7.86 billion, a P/E ratio of 24.09 and a beta of 0.85. VanEck Junior Gold Miners ETF has a 12-month low of $70.01 and a 12-month high of $157.49. The company’s 50-day moving average price is $101.76 and its 200 day moving average price is $118.65.

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.