Stevens Capital Management LP Has $4.05 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Stevens Capital Management LP boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 419.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 101,719 shares of the exchange traded fund’s stock after buying an additional 82,133 shares during the period. Stevens Capital Management LP’s holdings in VanEck Gold Miners ETF were worth $4,050,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Beacon Capital Management LLC lifted its stake in VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Cedar Wealth Management LLC lifted its stake in VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares during the last quarter. Aptus Capital Advisors LLC lifted its stake in 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 purchasing an additional 329 shares during the last quarter. Eagle Bay Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC raised its stake in shares of VanEck Gold Miners ETF by 51.4% during the second quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $37.60 on Thursday. The company has a fifty day moving average price of $39.46 and a 200-day moving average price of $37.65. The company has a market capitalization of $15.03 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.

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.