Headlands Technologies LLC Makes New $199,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Headlands Technologies LLC purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 2nd quarter, HoldingsChannel reports. The fund purchased 5,851 shares of the exchange traded fund’s stock, valued at approximately $199,000.

Several other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC increased its stake in VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after acquiring an additional 14,046,913 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in VanEck Gold Miners ETF in the first quarter valued at $104,346,000. Alaska Permanent Fund Corp increased its stake in VanEck Gold Miners ETF by 132.1% in the first quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock valued at $124,594,000 after acquiring an additional 2,242,823 shares during the last quarter. GLOBALT Investments LLC GA bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at $58,686,000. Finally, National Bank of Canada FI increased its stake in VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after acquiring an additional 1,842,885 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.2 %

GDX opened at $40.09 on Friday. The stock has a market cap of $16.03 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $40.22. The business’s fifty day simple moving average is $37.57 and its 200 day simple moving average is $34.68.

VanEck Gold Miners ETF Company 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.