World Equity Group Inc. acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free 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
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.
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