Millstone Evans Group LLC Purchases Shares of 1,000 VanEck Gold Miners ETF (NYSEARCA:GDX)

Millstone Evans Group LLC acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $34,000.

Several other institutional investors have also modified their holdings of GDX. JPMorgan Chase & Co. boosted its position in shares of 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 purchasing an additional 294,034 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of VanEck Gold Miners ETF by 1,116.3% in the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock valued at $72,707,000 after acquiring an additional 1,967,832 shares during the period. Quadrature Capital Ltd purchased a new position in shares of VanEck Gold Miners ETF during the third quarter worth approximately $76,065,000. Raymond James Financial Inc. acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $64,425,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its position 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 purchasing an additional 760,722 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $44.25 on Tuesday. The company has a market capitalization of $14.67 billion, a P/E ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a 1 year low of $29.82 and a 1 year high of $45.65. The company’s fifty day moving average is $40.60 and its two-hundred day moving average is $39.04.

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.