Blair William & Co. IL Raises Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Blair William & Co. IL lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 309,400 shares of the exchange traded fund’s stock after purchasing an additional 4,967 shares during the period. Blair William & Co. IL owned about 0.08% of VanEck Gold Miners ETF worth $10,498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of GDX. Lingotto Investment Management LLP raised its stake in VanEck Gold Miners ETF by 4.5% during the 2nd quarter. Lingotto Investment Management LLP now owns 234,000 shares of the exchange traded fund’s stock valued at $7,940,000 after purchasing an additional 10,000 shares during the period. E Fund Management Co. Ltd. raised its position in shares of VanEck Gold Miners ETF by 8.2% during the second quarter. E Fund Management Co. Ltd. now owns 76,953 shares of the exchange traded fund’s stock valued at $2,611,000 after buying an additional 5,819 shares during the last quarter. Abbot Financial Management Inc. purchased a new position in shares of VanEck Gold Miners ETF in the second quarter worth $668,000. Edgestream Partners L.P. purchased a new position in shares of VanEck Gold Miners ETF in the second quarter worth $582,000. Finally, Pekin Hardy Strauss Inc. boosted its position in shares of VanEck Gold Miners ETF by 0.3% during the second quarter. Pekin Hardy Strauss Inc. now owns 242,926 shares of the exchange traded fund’s stock worth $8,242,000 after acquiring an additional 665 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $39.73 on Friday. The company has a market cap of $15.88 billion, a P/E 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 $40.99. The firm’s fifty day moving average is $37.76 and its two-hundred day moving average is $34.95.

VanEck Gold Miners ETF 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.