VanEck Gold Miners ETF $GDX Stock Position Raised by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 120.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,273 shares of the exchange traded fund’s stock after acquiring an additional 5,609 shares during the period. Werba Rubin Papier Wealth Management’s holdings in VanEck Gold Miners ETF were worth $785,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GDX. JPMorgan Chase & Co. raised its holdings in VanEck Gold Miners ETF by 766.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after purchasing an additional 4,574,598 shares during the last quarter. Slate Path Capital LP acquired a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $123,070,000. Rafferty Asset Management LLC lifted its position in shares of VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. Meitav Investment House Ltd. raised its holdings in VanEck Gold Miners ETF by 3,846.2% during the third quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock worth $54,725,000 after acquiring an additional 700,000 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in shares of VanEck Gold Miners ETF by 99.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock valued at $67,990,000 after buying an additional 650,000 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 12.8%

VanEck Gold Miners ETF stock opened at $94.20 on Friday. The stock has a market cap of $28.42 billion, a P/E ratio of 21.70 and a beta of 0.55. The company’s 50-day moving average price is $90.40 and its two-hundred day moving average price is $75.21. VanEck Gold Miners ETF has a twelve month low of $38.58 and a twelve month high of $113.50.

VanEck Gold Miners ETF 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.