J.Safra Asset Management Corp bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm bought 5,365 shares of the exchange traded fund’s stock, valued at approximately $181,000.
A number of other hedge funds have also recently bought and sold shares of the company. Eastern Bank purchased a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $25,000. Financial Connections Group Inc. purchased a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $25,000. Roxbury Financial LLC purchased a new position in VanEck Gold Miners ETF during the fourth quarter worth approximately $25,000. Rothschild Investment LLC raised its stake in VanEck Gold Miners ETF by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 500 shares during the period. Finally, Aptus Capital Advisors LLC raised its stake in VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the period.
VanEck Gold Miners ETF Trading Up 3.5 %
Shares of GDX stock opened at $41.70 on Thursday. The company’s fifty day simple moving average is $38.41 and its 200-day simple moving average is $38.62. VanEck Gold Miners ETF has a 52 week low of $28.91 and a 52 week high of $44.22. The company has a market cap of $14.03 billion, a PE ratio of 22.76 and a beta of 0.96.
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.
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