100,000 Shares in VanEck Gold Miners ETF $GDX Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 100,000 shares of the exchange traded fund’s stock, valued at approximately $8,577,000.

Other large investors also recently modified their holdings of the company. Morton Brown Family Wealth LLC bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth $36,000. Family Management Corp bought a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth $38,000. Activest Wealth Management bought a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth $50,000. Laurel Wealth Advisors LLC bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth $56,000. Finally, HHM Wealth Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 560.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 560 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $87.35 on Monday. VanEck Gold Miners ETF has a 12-month low of $45.24 and a 12-month high of $117.18. The business’s fifty day moving average is $93.44 and its 200 day moving average is $91.49. The stock has a market cap of $26.91 billion, a P/E ratio of 21.70 and a beta of 0.61.

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.