World Equity Group Inc. Acquires Shares of 8,628 VanEck Gold Miners ETF (NYSEARCA:GDX)

World Equity Group Inc. acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDXFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 8,628 shares of the exchange traded fund’s stock, valued at approximately $293,000.

Several other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in 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 valued at $379,397,000 after acquiring an additional 294,034 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $76,065,000. Caisse DE Depot ET Placement DU Quebec increased its position in shares of VanEck Gold Miners ETF by 70.5% during 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 purchasing an additional 760,722 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of 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 purchasing an additional 1,771,440 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of VanEck Gold Miners ETF by 6.9% during the 3rd quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock valued at $51,783,000 after purchasing an additional 84,471 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $40.97 on Tuesday. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The firm has a market cap of $16.38 billion, a PE ratio of 28.03 and a beta of 0.85. The stock has a fifty day moving average price of $37.63 and a 200-day moving average price of $38.48.

About VanEck Gold Miners ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDXFree Report).

Institutional Ownership by Quarter for VanEck Gold Miners ETF (NYSEARCA:GDX)

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