BigSur Wealth Management LLC Purchases 24,400 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

BigSur Wealth Management LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 221.8% during the 4th quarter, HoldingsChannel reports. The fund owned 35,400 shares of the exchange traded fund’s stock after purchasing an additional 24,400 shares during the period. BigSur Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,200,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GDX. Quadrature Capital Ltd purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth about $76,065,000. Carrhae Capital LLP bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at approximately $43,073,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of VanEck Gold Miners ETF in the third quarter worth approximately $35,838,000. Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of VanEck Gold Miners ETF by 70.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock worth $73,242,000 after acquiring an additional 760,722 shares during the last quarter. Finally, BFI Infinity Ltd. purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at $13,375,000.

VanEck Gold Miners ETF Stock Up 0.4 %

GDX stock opened at $36.75 on Monday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s fifty day simple moving average is $36.22 and its two-hundred day simple moving average is $37.92.

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.