VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by Raymond James & Associates

Raymond James & Associates lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 931,421 shares of the exchange traded fund’s stock after acquiring an additional 54,098 shares during the quarter. Raymond James & Associates owned about 0.23% of VanEck Gold Miners ETF worth $37,089,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC increased its stake in VanEck Gold Miners ETF by 649.7% during the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after buying an additional 14,046,913 shares during the period. National Bank of Canada FI increased its stake in VanEck Gold Miners ETF by 89.0% during the 2nd quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after buying an additional 1,842,885 shares during the period. Capitolis Liquid Global Markets LLC purchased a new stake in VanEck Gold Miners ETF during the 1st quarter worth $104,346,000. 1832 Asset Management L.P. increased its stake in VanEck Gold Miners ETF by 6.4% during the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after buying an additional 181,475 shares during the period. Finally, Strategic Financial Concepts LLC increased its stake in VanEck Gold Miners ETF by 3,646.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after buying an additional 1,673,315 shares during the period.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $43.26 on Thursday. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The company has a market capitalization of $17.29 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The firm’s fifty day moving average price is $39.50 and its 200 day moving average price is $36.70.

VanEck Gold Miners ETF Company 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.