Black Swift Group LLC bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,675 shares of the exchange traded fund’s stock, valued at approximately $362,000.
A number of other large investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $64,425,000. J.Safra Asset Management Corp bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $181,000. Steward Partners Investment Advisory LLC raised its holdings in shares of VanEck Gold Miners ETF by 5.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 154,015 shares of the exchange traded fund’s stock valued at $5,223,000 after buying an additional 8,435 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 7.1% during the fourth quarter. Meridian Wealth Management LLC now owns 168,523 shares of the exchange traded fund’s stock valued at $5,715,000 after buying an additional 11,169 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $3,211,000.
VanEck Gold Miners ETF Price Performance
NYSEARCA GDX opened at $41.70 on Thursday. VanEck Gold Miners ETF has a 12 month low of $28.91 and a 12 month high of $44.22. The firm has a market capitalization of $14.03 billion, a PE ratio of 22.76 and a beta of 0.96. The company’s 50 day simple moving average is $38.41 and its 200 day simple moving average is $38.62.
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.
Further Reading
- Five stocks we like better than VanEck Gold Miners ETF
- What is MarketRank™? How to Use it
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- Stock Market Sectors: What Are They and How Many Are There?
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
Receive News & Ratings for VanEck Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
