Jones Financial Companies Lllp Acquires 31,636 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Jones Financial Companies Lllp raised its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 46.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 99,040 shares of the exchange traded fund’s stock after purchasing an additional 31,636 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Gold Miners ETF were worth $3,358,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock worth $379,397,000 after purchasing an additional 294,034 shares in the last quarter. Proficio Capital Partners LLC lifted its position in VanEck Gold Miners ETF by 1,116.3% during the fourth 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 acquired a new stake in VanEck Gold Miners ETF during the third quarter worth about $76,065,000. Caisse DE Depot ET Placement DU Quebec increased its holdings in VanEck Gold Miners ETF by 70.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after buying an additional 760,722 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in shares of VanEck Gold Miners ETF by 3,704.8% in 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 buying an additional 1,771,440 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 3.5 %

NYSEARCA GDX opened at $41.70 on Thursday. The firm’s 50 day simple moving average is $38.41 and its 200 day simple moving average is $38.62. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 1 year low of $28.91 and a 1 year high of $44.22.

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.