Decker Retirement Planning Inc. Grows Position in VanEck Gold Miners ETF $GDX

Decker Retirement Planning Inc. increased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 390.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,894 shares of the exchange traded fund’s stock after purchasing an additional 62,792 shares during the period. VanEck Gold Miners ETF comprises about 3.4% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 5th largest position. Decker Retirement Planning Inc.’s holdings in VanEck Gold Miners ETF were worth $6,767,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Rafferty Asset Management LLC grew its position in VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after acquiring an additional 1,503,884 shares during the period. Menora Mivtachim Holdings LTD. bought a new stake in VanEck Gold Miners ETF in the third quarter valued at $70,231,000. Meitav Investment House Ltd. grew its position in VanEck Gold Miners ETF by 3,846.2% in the third quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock valued at $54,725,000 after acquiring an additional 700,000 shares during the period. Parker Investment Management LLC bought a new stake in VanEck Gold Miners ETF in the third quarter valued at $52,704,000. Finally, Rit Capital Partners PLC bought a new stake in VanEck Gold Miners ETF in the third quarter valued at $52,320,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $100.75 on Wednesday. The business’s fifty day moving average price is $98.38 and its two-hundred day moving average price is $89.05. VanEck Gold Miners ETF has a fifty-two week low of $45.10 and a fifty-two week high of $117.18. The stock has a market capitalization of $31.33 billion, a price-to-earnings ratio of 21.70 and a beta of 0.71.

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.