VanEck Gold Miners ETF $GDX Stake Increased by Rit Capital Partners PLC

Rit Capital Partners PLC grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 74.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,197,000 shares of the exchange traded fund’s stock after buying an additional 512,000 shares during the quarter. VanEck Gold Miners ETF accounts for 23.0% of Rit Capital Partners PLC’s investment portfolio, making the stock its biggest position. Rit Capital Partners PLC’s holdings in VanEck Gold Miners ETF were worth $102,679,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in GDX. AQR Capital Management LLC raised its position in VanEck Gold Miners ETF by 106.2% in the 1st quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 12,408 shares during the period. Invesco Ltd. purchased a new position in VanEck Gold Miners ETF in the 2nd quarter worth $31,236,000. Natixis raised its position in VanEck Gold Miners ETF by 196.1% in the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after purchasing an additional 17,716 shares during the period. Qube Research & Technologies Ltd raised its position in VanEck Gold Miners ETF by 194.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock worth $1,894,000 after purchasing an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP purchased a new position in VanEck Gold Miners ETF in the 2nd quarter worth $846,000.

VanEck Gold Miners ETF Stock Down 1.1%

Shares of NYSEARCA:GDX opened at $85.02 on Friday. The stock has a market cap of $26.19 billion, a PE ratio of 21.70 and a beta of 0.61. The company’s fifty day moving average is $91.80 and its 200 day moving average is $91.84. VanEck Gold Miners ETF has a 52 week low of $49.34 and a 52 week high of $117.18.

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.