Vise Technologies Inc. purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,600 shares of the exchange traded fund’s stock, valued at approximately $1,166,000.
Several other institutional investors have also added to or reduced their stakes in GDX. M&T Bank Corp lifted its position 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 acquiring an additional 1,998,748 shares in the last quarter. Rafferty Asset Management LLC lifted its position 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 acquiring an additional 1,503,884 shares in the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at $70,231,000. Invesco Ltd. bought a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at $31,236,000. Finally, Rit Capital Partners PLC lifted its position in VanEck Gold Miners ETF by 74.7% in the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock valued at $102,679,000 after acquiring an additional 512,000 shares in the last quarter.
VanEck Gold Miners ETF Trading Down 0.2%
GDX opened at $78.67 on Tuesday. The stock has a market capitalization of $24.24 billion, a P/E ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 12 month low of $50.32 and a 12 month high of $117.18. The firm’s fifty day simple moving average is $91.23 and its 200 day simple moving average is $92.84.
About VanEck Gold Miners ETF
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.
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