Sava Penzisko Drushtvo A.D. Skopje Makes New $13.76 Million Investment in VanEck Gold Miners ETF $GDX

Sava Penzisko Drushtvo A.D. Skopje purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 180,075 shares of the exchange traded fund’s stock, valued at approximately $13,758,000. VanEck Gold Miners ETF makes up 4.6% of Sava Penzisko Drushtvo A.D. Skopje’s portfolio, making the stock its 7th biggest position. Sava Penzisko Drushtvo A.D. Skopje owned approximately 0.06% of VanEck Gold Miners ETF at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. AQR Capital Management LLC boosted its holdings in VanEck Gold Miners ETF by 106.2% during the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 12,408 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at $227,000. Brighton Jones LLC lifted its position in VanEck Gold Miners ETF by 46.7% during the 2nd quarter. Brighton Jones LLC now owns 6,600 shares of the exchange traded fund’s stock worth $344,000 after buying an additional 2,102 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of VanEck Gold Miners ETF by 10.0% during the 2nd quarter. Wealthfront Advisers LLC now owns 54,450 shares of the exchange traded fund’s stock worth $2,835,000 after buying an additional 4,964 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of VanEck Gold Miners ETF by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 741,118 shares of the exchange traded fund’s stock worth $38,582,000 after buying an additional 33,088 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $113.89 on Friday. The business has a 50-day moving average of $98.22 and a 200-day moving average of $81.71. The stock has a market capitalization of $34.75 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $114.10.

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.