Proficio Capital Partners LLC lifted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 1,116.3% in the 4th quarter, Holdings Channel reports. The firm owned 2,144,108 shares of the exchange traded fund’s stock after buying an additional 1,967,832 shares during the quarter. Proficio Capital Partners LLC’s holdings in VanEck Gold Miners ETF were worth $72,707,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of GDX. Quadrature Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $76,065,000. Strategic Financial Concepts LLC lifted its stake in shares of VanEck Gold Miners ETF by 3,704.8% in 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. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $35,838,000. Panview Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at $28,427,000. Finally, Fiduciary Family Office LLC acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth $25,807,000.
VanEck Gold Miners ETF Price Performance
VanEck Gold Miners ETF stock opened at $39.46 on Friday. The firm has a market cap of $13.27 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The firm has a fifty day moving average price of $37.94 and a two-hundred day moving average price of $38.53.
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.
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