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

DCF Advisers LLC grew its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,500 shares of the exchange traded fund’s stock after buying an additional 12,000 shares during the quarter. DCF Advisers LLC’s holdings in VanEck Gold Miners ETF were worth $2,019,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in VanEck Gold Miners ETF by 649.7% during the first 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 in the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at $104,346,000. Alaska Permanent Fund Corp lifted 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 valued at $124,594,000 after buying an additional 2,242,823 shares in the last quarter. GLOBALT Investments LLC GA bought a new position in VanEck Gold Miners ETF in the 4th quarter worth $58,686,000. Finally, National Bank of Canada FI boosted its holdings in VanEck Gold Miners ETF by 89.0% in 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.

VanEck Gold Miners ETF Stock Up 1.7 %

NYSEARCA:GDX opened at $39.73 on Friday. The business’s 50-day simple moving average is $37.76 and its two-hundred day simple moving average is $34.95. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $40.99. The stock has a market cap of $15.88 billion, a PE ratio of 28.03 and a beta of 0.85.

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.