60,550 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Bought by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 60,550 shares of the exchange traded fund’s stock, valued at approximately $2,053,000. VanEck Gold Miners ETF comprises 0.8% of Aster Capital Management DIFC Ltd’s holdings, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. Ausdal Financial Partners Inc. grew its holdings in shares of VanEck Gold Miners ETF by 2.2% during the fourth quarter. Ausdal Financial Partners Inc. now owns 11,341 shares of the exchange traded fund’s stock valued at $385,000 after buying an additional 249 shares during the last quarter. Centennial Wealth Advisory LLC lifted its position in VanEck Gold Miners ETF by 2.8% during the 4th quarter. Centennial Wealth Advisory LLC now owns 10,576 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 288 shares during the period. Bogart Wealth LLC grew its stake in VanEck Gold Miners ETF by 9.5% during the 4th quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 300 shares during the last quarter. Avidian Wealth Enterprises LLC increased its holdings in shares of VanEck Gold Miners ETF by 4.3% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 9,051 shares of the exchange traded fund’s stock valued at $307,000 after purchasing an additional 375 shares during the period. Finally, Vontobel Holding Ltd. raised its stake in shares of VanEck Gold Miners ETF by 0.5% in the fourth quarter. Vontobel Holding Ltd. now owns 70,026 shares of the exchange traded fund’s stock worth $2,375,000 after purchasing an additional 377 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 8.8 %

VanEck Gold Miners ETF stock opened at $41.68 on Friday. VanEck Gold Miners ETF has a 52 week low of $32.20 and a 52 week high of $46.94. The stock has a 50-day moving average price of $42.04 and a 200 day moving average price of $39.47. The company has a market capitalization of $13.52 billion, a price-to-earnings ratio of 21.51 and a beta of 0.84.

About VanEck Gold Miners ETF

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.