LGL Partners LLC Sells 828 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

LGL Partners LLC trimmed its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,659 shares of the exchange traded fund’s stock after selling 828 shares during the quarter. LGL Partners LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,011,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. bought a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $26,000. Life Planning Partners Inc bought a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $37,000. Trust Co. of Vermont bought a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $32,000. ANTIPODES PARTNERS Ltd bought a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter worth about $46,000. Finally, Signaturefd LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $40,000.

VanEck Junior Gold Miners ETF Stock Down 4.6 %

VanEck Junior Gold Miners ETF stock traded down $1.98 during midday trading on Tuesday, reaching $40.69. 5,532,112 shares of the stock traded hands, compared to its average volume of 7,201,979. The stock’s fifty day moving average is $37.80 and its 200-day moving average is $36.16. VanEck Junior Gold Miners ETF has a 12 month low of $30.46 and a 12 month high of $44.70. The stock has a market cap of $4.81 billion, a P/E ratio of 25.32 and a beta of 0.98.

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.