Alaska Permanent Fund Corp Has $75.10 Million Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Alaska Permanent Fund Corp trimmed its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 16.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,214,737 shares of the exchange traded fund’s stock after selling 443,931 shares during the quarter. VanEck Gold Miners ETF makes up 1.1% of Alaska Permanent Fund Corp’s holdings, making the stock its 16th biggest holding. Alaska Permanent Fund Corp owned approximately 0.55% of VanEck Gold Miners ETF worth $75,102,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Choreo LLC boosted its position in VanEck Gold Miners ETF by 9.8% during the 2nd quarter. Choreo LLC now owns 7,355 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 656 shares during the period. Edgestream Partners L.P. acquired a new position in shares of VanEck Gold Miners ETF during the second quarter worth $582,000. E Fund Management Co. Ltd. grew its stake in shares of VanEck Gold Miners ETF by 8.2% in the second quarter. E Fund Management Co. Ltd. now owns 76,953 shares of the exchange traded fund’s stock worth $2,611,000 after purchasing an additional 5,819 shares during the last quarter. Lingotto Investment Management LLP increased its holdings in VanEck Gold Miners ETF by 4.5% in the second quarter. Lingotto Investment Management LLP now owns 234,000 shares of the exchange traded fund’s stock valued at $7,940,000 after purchasing an additional 10,000 shares during the period. Finally, Blair William & Co. IL raised its position in VanEck Gold Miners ETF by 1.6% during the 2nd quarter. Blair William & Co. IL now owns 309,400 shares of the exchange traded fund’s stock worth $10,498,000 after purchasing an additional 4,967 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 1.1 %

NYSEARCA GDX opened at $36.72 on Thursday. The firm has a market capitalization of $14.68 billion, a PE ratio of 28.03 and a beta of 0.85. The business’s 50-day moving average price is $36.32 and its two-hundred day moving average price is $37.86. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22.

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.