Mpwm Advisory Solutions LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,217 shares of the exchange traded fund’s stock, valued at approximately $41,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock worth $379,397,000 after buying an additional 294,034 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of VanEck Gold Miners ETF by 24.5% during the 4th quarter. Park Avenue Securities LLC now owns 20,563 shares of the exchange traded fund’s stock worth $697,000 after buying an additional 4,053 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in shares of VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 462 shares in the last quarter. JBGlobal.com LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth $394,000. Finally, Echo45 Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 13.6% during the 4th quarter. Echo45 Advisors LLC now owns 51,952 shares of the exchange traded fund’s stock worth $1,818,000 after buying an additional 6,206 shares in the last quarter.
VanEck Gold Miners ETF Stock Performance
VanEck Gold Miners ETF stock opened at $48.81 on Wednesday. VanEck Gold Miners ETF has a 52 week low of $32.84 and a 52 week high of $53.25. The stock has a market capitalization of $14.79 billion, a P/E ratio of 19.65 and a beta of 0.57. The stock has a fifty day moving average of $47.01 and a 200-day moving average of $41.18.
VanEck Gold Miners ETF Company 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.
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