Fmr LLC Grows Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Fmr LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 73.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 472,334 shares of the exchange traded fund’s stock after buying an additional 200,596 shares during the period. Fmr LLC’s holdings in VanEck Gold Miners ETF were worth $18,808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Beacon Capital Management LLC grew its position in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Wealth Management LLC grew its position in shares of VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares in the last quarter. Aptus Capital Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares in the last quarter. Eagle Bay Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 95.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares in the last quarter. Finally, Studio Investment Management LLC grew its position in shares of VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $37.98 on Wednesday. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The firm has a fifty day moving average of $39.15 and a 200 day moving average of $37.70. The firm has a market capitalization of $15.18 billion, a PE ratio of 28.03 and a beta of 0.85.

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.