One Plus One Wealth Management LLC Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

One Plus One Wealth Management LLC boosted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 36,526 shares of the exchange traded fund’s stock after acquiring an additional 940 shares during the period. One Plus One Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,239,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its stake in VanEck Gold Miners ETF by 3.2% during 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 purchasing an additional 294,034 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in VanEck Gold Miners ETF during the third quarter valued at $76,065,000. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of VanEck Gold Miners ETF by 70.5% in the third 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 acquiring an additional 760,722 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of VanEck Gold Miners ETF by 3,704.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock valued at $61,691,000 after acquiring an additional 1,771,440 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of VanEck Gold Miners ETF by 6.9% in the third quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock valued at $51,783,000 after acquiring an additional 84,471 shares during the period.

VanEck Gold Miners ETF Trading Up 1.7 %

Shares of GDX opened at $42.13 on Thursday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The company has a market cap of $16.84 billion, a P/E ratio of 28.03 and a beta of 0.85. The company’s fifty day simple moving average is $37.00 and its 200-day simple moving average is $38.17.

VanEck Gold Miners ETF 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.