Traders Sell VanEck Vectors Junior Gold Miners ETF (GDXJ) on Strength (GDXJ)

Investors sold shares of VanEck Vectors Junior Gold Miners ETF (NASDAQ:GDXJ) on strength during trading hours on Monday. $18.60 million flowed into the stock on the tick-up and $60.88 million flowed out of the stock on the tick-down, for a money net flow of $42.28 million out of the stock. Of all stocks tracked, VanEck Vectors Junior Gold Miners ETF had the 9th highest net out-flow for the day. VanEck Vectors Junior Gold Miners ETF traded up $0.38 for the day and closed at $34.97

The stock’s 50-day moving average is $34.85 and its 200 day moving average is $33.76.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Merriman Wealth Management LLC bought a new stake in VanEck Vectors Junior Gold Miners ETF during the second quarter worth about $2,432,000. Valiant Capital Management L.P. bought a new stake in VanEck Vectors Junior Gold Miners ETF during the second quarter worth about $6,593,000. Commerzbank Aktiengesellschaft FI lifted its position in VanEck Vectors Junior Gold Miners ETF by 7.0% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 170,206 shares of the company’s stock worth $5,681,000 after purchasing an additional 11,111 shares during the period. Wells Fargo & Company MN lifted its position in VanEck Vectors Junior Gold Miners ETF by 47.3% during the second quarter. Wells Fargo & Company MN now owns 15,391,505 shares of the company’s stock worth $513,769,000 after purchasing an additional 4,943,702 shares during the period. Finally, Lockheed Martin Investment Management Co. bought a new stake in VanEck Vectors Junior Gold Miners ETF during the second quarter worth about $3,338,000.

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VanEck Vectors Junior Gold Miners ETF Company Profile

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.

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