OMERS ADMINISTRATION Corp acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) in the 1st quarter, HoldingsChannel reports. The fund acquired 925,246 shares of the exchange traded fund’s stock, valued at approximately $84,873,000.
Other hedge funds have also modified their holdings of the company. Cannell & Spears LLC purchased a new stake in VanEck Gold Miners ETF in the 1st quarter valued at $257,000. Renaissance Technologies LLC boosted its holdings in VanEck Gold Miners ETF by 1,206.7% during the 1st quarter. Renaissance Technologies LLC now owns 574,948 shares of the exchange traded fund’s stock valued at $52,763,000 after acquiring an additional 530,948 shares during the period. Compound Planning Inc. increased its stake in VanEck Gold Miners ETF by 5.9% during the 1st quarter. Compound Planning Inc. now owns 13,643 shares of the exchange traded fund’s stock worth $1,252,000 after buying an additional 757 shares during the period. CLG LLC increased its position in shares of VanEck Gold Miners ETF by 190.6% during the first quarter. CLG LLC now owns 52,571 shares of the exchange traded fund’s stock worth $4,824,000 after acquiring an additional 34,479 shares during the period. Finally, Bank of Nova Scotia boosted its stake in shares of VanEck Gold Miners ETF by 282.0% in the 1st quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock valued at $247,133,000 after buying an additional 1,987,920 shares during the period.
VanEck Gold Miners ETF Price Performance
NYSEARCA:GDX opened at $75.23 on Friday. VanEck Gold Miners ETF has a 12 month low of $51.37 and a 12 month high of $117.18. The firm has a market capitalization of $23.01 billion, a PE ratio of 21.70 and a beta of 0.65. The business’s fifty day moving average price is $79.68 and its 200 day moving average price is $91.19.
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.
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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).
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