138,986 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 138,986 shares of the exchange traded fund’s stock, valued at approximately $4,713,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Roxbury Financial LLC acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at approximately $25,000. Eastern Bank acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Financial Connections Group Inc. acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Aptus Capital Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 53.0% in the 3rd 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. Finally, Laurel Wealth Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 2,586.2% in the 4th quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,500 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $40.80 on Monday. The firm’s 50 day simple moving average is $37.54 and its 200 day simple moving average is $38.44. The company has a market capitalization of $16.31 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22.

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.