Duncker Streett & Co. Inc. Buys 2,500 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Duncker Streett & Co. Inc. increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 496.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,004 shares of the exchange traded fund’s stock after purchasing an additional 2,500 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in VanEck Gold Miners ETF were worth $102,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GDX. Proficio Capital Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 1,116.3% in the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after purchasing an additional 1,967,832 shares during the period. Quadrature Capital Ltd bought a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $76,065,000. Strategic Financial Concepts LLC raised its holdings in VanEck Gold Miners ETF by 3,704.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock valued at $61,691,000 after acquiring an additional 1,771,440 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $35,838,000. Finally, Panview Capital Ltd bought a new stake in VanEck Gold Miners ETF during the 4th quarter valued at $28,427,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $39.72 on Monday. The company’s fifty day simple moving average is $38.04 and its two-hundred day simple moving average is $38.57. VanEck Gold Miners ETF has a 1 year low of $26.28 and a 1 year high of $44.22. The stock has a market capitalization of $13.36 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96.

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.