BFI Infinity Ltd. Buys 160,104 Shares of VanEck Gold Miners ETF $GDX

BFI Infinity Ltd. purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 160,104 shares of the exchange traded fund’s stock, valued at approximately $14,057,000. VanEck Gold Miners ETF accounts for 6.7% of BFI Infinity Ltd.’s holdings, making the stock its 5th largest holding.

Other large investors have also bought and sold shares of the company. MCF Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 2.8% during the 2nd quarter. MCF Advisors LLC now owns 3,690 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 100 shares in the last quarter. Midwest Trust Co increased its holdings in shares of VanEck Gold Miners ETF by 2.8% during the first quarter. Midwest Trust Co now owns 4,169 shares of the exchange traded fund’s stock valued at $383,000 after acquiring an additional 115 shares in the last quarter. Conservest Capital Advisors Inc. grew its position in VanEck Gold Miners ETF by 4.1% in the 1st quarter. Conservest Capital Advisors Inc. now owns 3,126 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 123 shares during the period. LifeGoal Investments LLC grew its position in VanEck Gold Miners ETF by 3.2% in the 2nd quarter. LifeGoal Investments LLC now owns 4,917 shares of the exchange traded fund’s stock valued at $371,000 after purchasing an additional 152 shares during the period. Finally, Ballew Advisors Inc increased its stake in VanEck Gold Miners ETF by 2.2% during the 3rd quarter. Ballew Advisors Inc now owns 7,503 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 163 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 4.3%

VanEck Gold Miners ETF stock opened at $87.02 on Friday. The firm’s fifty day moving average price is $93.67 and its two-hundred day moving average price is $87.83. The firm has a market capitalization of $26.21 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a 1-year low of $68.13 and a 1-year high of $117.18.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.