VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Sets New 1-Year High at $45.33

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $45.33 and last traded at $45.21, with a volume of 288896 shares trading hands. The stock had previously closed at $44.28.

VanEck Junior Gold Miners ETF Stock Up 3.6 %

The stock has a market cap of $5.39 billion, a P/E ratio of 24.80 and a beta of 1.03. The company’s 50 day moving average price is $40.22 and its 200-day moving average price is $36.87.

Hedge Funds Weigh In On VanEck Junior Gold Miners ETF

A number of hedge funds have recently made changes to their positions in GDXJ. Riggs Asset Managment Co. Inc. bought a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $26,000. Sachetta LLC acquired a new position in VanEck Junior Gold Miners ETF in the fourth quarter valued at $32,000. Life Planning Partners Inc bought a new stake in VanEck Junior Gold Miners ETF during the fourth quarter valued at $37,000. Trust Co. of Vermont acquired a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth about $32,000. Finally, Vima LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter worth about $44,000.

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.