VanEck Gold Miners ETF $GDX Shares Acquired by Moneco Advisors LLC

Moneco Advisors LLC boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,503 shares of the exchange traded fund’s stock after purchasing an additional 6,356 shares during the quarter. Moneco Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,702,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. M&T Bank Corp grew its holdings in VanEck Gold Miners ETF by 7,491.6% in the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after buying an additional 1,998,748 shares during the period. Rafferty Asset Management LLC grew its holdings in VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after buying an additional 1,503,884 shares during the period. Menora Mivtachim Holdings LTD. purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at about $70,231,000. Meitav Investment House Ltd. grew its holdings in VanEck Gold Miners ETF by 3,846.2% in the 3rd quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock valued at $54,725,000 after buying an additional 700,000 shares during the period. Finally, Parker Investment Management LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at about $52,704,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $96.23 on Thursday. The stock has a market capitalization of $29.65 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. The business has a 50-day moving average of $94.04 and a two-hundred day moving average of $91.22. VanEck Gold Miners ETF has a 12 month low of $45.10 and a 12 month high of $117.18.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.