JBGlobal.com LLC Buys Shares of 11,628 VanEck Gold Miners ETF (NYSEARCA:GDX)

JBGlobal.com LLC purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,628 shares of the exchange traded fund’s stock, valued at approximately $394,000. VanEck Gold Miners ETF accounts for approximately 0.4% of JBGlobal.com LLC’s portfolio, making the stock its 22nd biggest holding.

Several other large investors also recently added to or reduced their stakes in GDX. Quadrature Capital Ltd purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $76,065,000. Carrhae Capital LLP bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $43,073,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $35,838,000. Caisse DE Depot ET Placement DU Quebec boosted its stake in VanEck Gold Miners ETF by 70.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock worth $73,242,000 after purchasing an additional 760,722 shares during the period. Finally, BFI Infinity Ltd. purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $13,375,000.

VanEck Gold Miners ETF Stock Up 2.3 %

Shares of GDX opened at $37.61 on Wednesday. The business’s 50-day moving average price is $36.25 and its 200-day moving average price is $37.94. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The stock has a market cap of $15.03 billion, a PE ratio of 28.03 and a beta of 0.85.

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.