VanEck Gold Miners ETF (NYSEARCA:GDX) Reaches New 1-Year High at $41.10

VanEck Gold Miners ETF (NYSEARCA:GDX)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $41.10 and last traded at $41.06, with a volume of 4453783 shares trading hands. The stock had previously closed at $40.51.

VanEck Gold Miners ETF Trading Up 0.4 %

The firm has a 50-day moving average of $37.84 and a 200 day moving average of $35.16. The stock has a market capitalization of $16.26 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

Institutional Inflows and Outflows

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

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.