Sei Investments Co. Purchases New Shares in VanEck Gold Miners ETF $GDX

Sei Investments Co. acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,025 shares of the exchange traded fund’s stock, valued at approximately $1,471,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Avalon Trust Co bought a new stake in VanEck Gold Miners ETF during the first quarter worth approximately $26,000. Princeton Global Asset Management LLC bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at approximately $27,000. Eukles Asset Management purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $27,000. Bayban purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $27,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $33,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $90.49 on Tuesday. The business’s 50 day moving average price is $78.20 and its 200-day moving average price is $89.99. VanEck Gold Miners ETF has a fifty-two week low of $56.34 and a fifty-two week high of $117.18. The company has a market cap of $27.61 billion, a P/E ratio of 21.70 and a beta of 0.65.

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.