VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,910 shares of the exchange traded fund’s stock after purchasing an additional 1,468 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck Gold Miners ETF were worth $2,625,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Jane Street Group LLC raised its holdings in VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after acquiring an additional 14,046,913 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the last quarter. Capitolis Liquid Global Markets LLC acquired a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at $104,346,000. 1832 Asset Management L.P. increased its stake in VanEck Gold Miners ETF by 6.4% in the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after purchasing an additional 181,475 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in VanEck Gold Miners ETF by 3,646.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after buying an additional 1,673,315 shares during the period.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $35.51 on Friday. The firm’s 50 day moving average price is $39.87 and its two-hundred day moving average price is $37.39. 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 $14.20 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.