Two Sigma Investments LP Increases Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Two Sigma Investments LP increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 68.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 3,851,200 shares of the exchange traded fund’s stock after acquiring an additional 1,567,800 shares during the quarter. Two Sigma Investments LP owned about 0.96% of VanEck Gold Miners ETF worth $130,594,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GDX. Financial Connections Group Inc. purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $25,000. Roxbury Financial LLC purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $25,000. Rothschild Investment LLC grew its holdings in VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 500 shares in the last quarter. Millstone Evans Group LLC purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $34,000. Finally, Blue Bell Private Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 558.2% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,481 shares of the exchange traded fund’s stock valued at $50,000 after buying an additional 1,256 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 0.3%

GDX stock opened at $46.33 on Monday. The firm has a market capitalization of $14.04 billion, a PE ratio of 19.65 and a beta of 0.57. VanEck Gold Miners ETF has a twelve month low of $32.84 and a twelve month high of $53.25. The stock has a 50-day simple moving average of $46.79 and a two-hundred day simple moving average of $41.07.

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.