21,837 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Acquired by Leuthold Group LLC

Leuthold Group LLC acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 21,837 shares of the exchange traded fund’s stock, valued at approximately $870,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GDX. Jane Street Group LLC increased its position in shares of VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after purchasing an additional 14,046,913 shares during the period. National Bank of Canada FI increased its holdings in VanEck Gold Miners ETF by 89.0% in the 2nd quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after buying an additional 1,842,885 shares during the period. Capitolis Liquid Global Markets LLC acquired a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at approximately $104,346,000. 1832 Asset Management L.P. lifted its holdings in shares of VanEck Gold Miners ETF by 6.4% during the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after acquiring an additional 181,475 shares during the period. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of VanEck Gold Miners ETF by 3,646.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after acquiring an additional 1,673,315 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $41.36 on Tuesday. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The stock has a market capitalization of $16.53 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The company’s 50 day simple moving average is $39.82 and its 200 day simple moving average is $36.93.

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.