Sigma Planning Corp Boosts Holdings in VanEck Gold Miners ETF $GDX

Sigma Planning Corp lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 43.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,392 shares of the exchange traded fund’s stock after acquiring an additional 13,374 shares during the quarter. Sigma Planning Corp’s holdings in VanEck Gold Miners ETF were worth $4,103,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Rafferty Asset Management LLC boosted its position in shares of VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after buying an additional 1,503,884 shares in the last quarter. M&T Bank Corp lifted its holdings in VanEck Gold Miners ETF by 7,491.6% in the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after purchasing an additional 1,998,748 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in VanEck Gold Miners ETF by 2.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after purchasing an additional 25,688 shares in the last quarter. Ion Asset Management Ltd. lifted its stake in shares of VanEck Gold Miners ETF by 0.5% during the 2nd quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock worth $50,965,000 after purchasing an additional 4,420 shares during the period. Finally, Menora Mivtachim Holdings LTD. purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth $70,231,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $87.11 on Friday. The firm has a market cap of $26.84 billion, a P/E ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a 1-year low of $45.10 and a 1-year high of $117.18. The firm’s 50-day simple moving average is $96.60 and its 200-day simple moving average is $90.28.

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.