VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Spire Wealth Management

Spire Wealth Management raised its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,301 shares of the exchange traded fund’s stock after buying an additional 1,648 shares during the quarter. Spire Wealth Management’s holdings in VanEck Gold Miners ETF were worth $790,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in VanEck Gold Miners ETF by 3.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after buying an additional 294,034 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at $76,065,000. Caisse DE Depot ET Placement DU Quebec grew its holdings 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 valued at $73,242,000 after buying an additional 760,722 shares in the last quarter. Stifel Financial Corp grew its holdings in VanEck Gold Miners ETF by 6.9% in the 3rd quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock valued at $51,783,000 after buying an additional 84,471 shares in the last quarter. Finally, Carrhae Capital LLP purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at $43,073,000.

VanEck Gold Miners ETF Stock Up 1.2 %

Shares of NYSEARCA:GDX opened at $40.03 on Wednesday. The stock has a market cap of $16.00 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The business has a fifty day moving average of $36.52 and a two-hundred day moving average of $37.99.

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.