Investors Buy Shares of VanEck Vectors Junior Gold Miners ETF (GDXJ) on Weakness

Investors bought shares of VanEck Vectors Junior Gold Miners ETF (NASDAQ:GDXJ) on weakness during trading on Tuesday. $133.46 million flowed into the stock on the tick-up and $30.09 million flowed out of the stock on the tick-down, for a money net flow of $103.37 million into the stock. Of all companies tracked, VanEck Vectors Junior Gold Miners ETF had the 3rd highest net in-flow for the day. VanEck Vectors Junior Gold Miners ETF traded down ($0.45) for the day and closed at $34.52

The stock’s 50 day moving average price is $34.90 and its 200-day moving average price is $33.70.

A number of institutional investors and hedge funds have recently bought and sold shares of GDXJ. Janney Montgomery Scott LLC lifted its holdings in VanEck Vectors Junior Gold Miners ETF by 0.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 21,869 shares of the company’s stock worth $730,000 after purchasing an additional 152 shares during the last quarter. Lockheed Martin Investment Management Co. acquired a new stake in VanEck Vectors Junior Gold Miners ETF in the 2nd quarter worth approximately $3,338,000. Essex Investment Management Co. LLC acquired a new stake in VanEck Vectors Junior Gold Miners ETF in the 2nd quarter worth approximately $1,267,000. National Planning Corp acquired a new stake in VanEck Vectors Junior Gold Miners ETF in the 2nd quarter worth approximately $200,000. Finally, Sigma Planning Corp lifted its holdings in VanEck Vectors Junior Gold Miners ETF by 1.5% in the 2nd quarter. Sigma Planning Corp now owns 12,596 shares of the company’s stock worth $420,000 after purchasing an additional 187 shares during the last quarter.

TRADEMARK VIOLATION WARNING: “Investors Buy Shares of VanEck Vectors Junior Gold Miners ETF (GDXJ) on Weakness” was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at https://www.com-unik.info/2017/10/10/investors-buy-shares-of-vaneck-vectors-junior-gold-miners-etf-gdxj-on-weakness.html.

About VanEck Vectors 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.

What are top analysts saying about VanEck Vectors Junior Gold Miners ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for VanEck Vectors Junior Gold Miners ETF and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit