Polar Asset Management Partners Inc. Has $981,000 Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Polar Asset Management Partners Inc. raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 70.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,100 shares of the exchange traded fund’s stock after acquiring an additional 8,309 shares during the quarter. Polar Asset Management Partners Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of GDXJ. Ridgewood Investments LLC bought a new stake in shares of VanEck Junior Gold Miners ETF during the second quarter worth $29,000. Strategic Investment Solutions Inc. IL bought a new stake in VanEck Junior Gold Miners ETF during the 2nd quarter worth about $36,000. Arlington Trust Co LLC acquired a new position in VanEck Junior Gold Miners ETF during the 3rd quarter valued at about $37,000. FMR LLC boosted its stake in shares of VanEck Junior Gold Miners ETF by 101.3% in the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 631 shares during the last quarter. Finally, MCF Advisors LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 2nd quarter worth approximately $76,000.

VanEck Junior Gold Miners ETF Price Performance

GDXJ opened at $48.51 on Friday. The firm has a 50 day simple moving average of $49.41 and a 200 day simple moving average of $46.61. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 24.80 and a beta of 1.03.

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.