Juncture Wealth Strategies LLC bought a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 11,042 shares of the exchange traded fund’s stock, valued at approximately $374,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of VanEck Gold Miners ETF by 3.2% in the third quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after acquiring an additional 294,034 shares during the period. Quadrature Capital Ltd acquired a new position in VanEck Gold Miners ETF during the 3rd quarter valued at $76,065,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in VanEck Gold Miners ETF by 70.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after purchasing an additional 760,722 shares during the period. Stifel Financial Corp grew its position in VanEck Gold Miners ETF by 6.9% in the 3rd quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock worth $51,783,000 after purchasing an additional 84,471 shares during the last quarter. Finally, Carrhae Capital LLP bought a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $43,073,000.
VanEck Gold Miners ETF Stock Performance
NYSEARCA GDX opened at $37.95 on Friday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The stock has a market cap of $15.17 billion, a PE ratio of 28.03 and a beta of 0.85. The firm has a 50-day simple moving average of $36.37 and a 200 day simple moving average of $37.96.
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.
Further Reading
- Five stocks we like better than VanEck Gold Miners ETF
- Dividend Capture Strategy: What You Need to Know
- Bloom Energy: Powering the Future With Decentralized Energy
- How to Invest in the Best Canadian StocksĀ
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Insider Trades May Not Tell You What You Think
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
Receive News & Ratings for VanEck Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.