Gainplan LLC Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Gainplan LLC grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,165 shares of the exchange traded fund’s stock after acquiring an additional 1,385 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 0.9% of Gainplan LLC’s portfolio, making the stock its 18th largest holding. Gainplan LLC’s holdings in VanEck Gold Miners ETF were worth $1,998,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GDX. Jane Street Group LLC grew its stake in VanEck Gold Miners ETF by 649.7% in the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the period. Capitolis Liquid Global Markets LLC bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at approximately $104,346,000. Alaska Permanent Fund Corp increased its stake in shares of VanEck Gold Miners ETF by 132.1% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock worth $124,594,000 after purchasing an additional 2,242,823 shares during the last quarter. GLOBALT Investments LLC GA bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $58,686,000. Finally, National Bank of Canada FI grew its holdings in VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of GDX traded down $0.01 during mid-day trading on Friday, hitting $39.55. The stock had a trading volume of 15,819,221 shares, compared to its average volume of 22,634,779. The firm has a market cap of $15.81 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $41.95. The business has a fifty day moving average price of $38.42 and a 200-day moving average price of $35.82.

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.