Mesirow Financial Investment Management Inc. Raises Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Mesirow Financial Investment Management Inc. lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 92.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,932 shares of the exchange traded fund’s stock after purchasing an additional 62,477 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in VanEck Gold Miners ETF were worth $4,406,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of GDX. Eastern Bank bought a new stake in VanEck Gold Miners ETF during the 4th quarter worth approximately $25,000. Financial Connections Group Inc. bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $25,000. Roxbury Financial LLC bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $25,000. Rothschild Investment LLC lifted its stake in shares of VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 500 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings 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 valued at $38,000 after acquiring an additional 329 shares during the period.

VanEck Gold Miners ETF Stock Up 0.7 %

NYSEARCA GDX opened at $41.64 on Friday. VanEck Gold Miners ETF has a twelve month low of $28.91 and a twelve month high of $44.22. The business has a 50-day moving average price of $38.55 and a 200-day moving average price of $38.64. The firm has a market cap of $14.01 billion, a price-to-earnings 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.