Noble Wealth Partners LLC Takes $828,000 Position in VanEck Gold Miners ETF $GDX

Noble Wealth Partners LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,979 shares of the exchange traded fund’s stock, valued at approximately $828,000.

A number of other hedge funds also recently bought and sold shares of the company. Caisse de depot et placement du Quebec purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth approximately $218,971,000. Bank of Nova Scotia raised its stake in shares of VanEck Gold Miners ETF by 282.0% during the first quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock worth $247,133,000 after acquiring an additional 1,987,920 shares in the last quarter. Rafferty Asset Management LLC lifted its holdings 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 acquiring an additional 1,503,884 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $101,981,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at $84,873,000.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $99.26 on Friday. VanEck Gold Miners ETF has a 52-week low of $65.16 and a 52-week high of $117.18. The company has a fifty day moving average of $84.44 and a 200-day moving average of $89.40. The stock has a market capitalization of $30.28 billion, a price-to-earnings ratio of 21.70 and a beta of 0.70.

About VanEck Gold Miners ETF

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.