E Fund Management Co. Ltd. Purchases 5,819 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

E Fund Management Co. Ltd. boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,953 shares of the exchange traded fund’s stock after purchasing an additional 5,819 shares during the period. E Fund Management Co. Ltd.’s holdings in VanEck Gold Miners ETF were worth $2,611,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Morton Capital Management LLC CA increased its holdings in VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after purchasing an additional 287 shares in the last quarter. Mather Group LLC. boosted its stake in shares of VanEck Gold Miners ETF by 21.3% during the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 288 shares during the last quarter. IAM Advisory LLC boosted its stake in shares of VanEck Gold Miners ETF by 0.7% during the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after buying an additional 341 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock worth $344,000 after buying an additional 366 shares during the last quarter. Finally, Crewe Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 9.8% during the 2nd quarter. Crewe Advisors LLC now owns 4,386 shares of the exchange traded fund’s stock worth $149,000 after buying an additional 392 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $39.51 on Wednesday. The firm has a 50-day moving average of $37.65 and a 200-day moving average of $34.84. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $40.23. The company has a market cap of $15.79 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF 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.