Caisse DE Depot ET Placement DU Quebec Increases Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Caisse DE Depot ET Placement DU Quebec boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 70.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,839,319 shares of the exchange traded fund’s stock after purchasing an additional 760,722 shares during the period. Caisse DE Depot ET Placement DU Quebec owned about 0.46% of VanEck Gold Miners ETF worth $73,242,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GDX. Comerica Bank lifted its holdings in shares of VanEck Gold Miners ETF by 7.2% in the first quarter. Comerica Bank now owns 52,818 shares of the exchange traded fund’s stock valued at $1,670,000 after purchasing an additional 3,551 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 1st quarter worth about $28,000. EverSource Wealth Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 866.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,320 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 2,080 shares in the last quarter. Transcend Capital Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 8.8% in the second quarter. Transcend Capital Advisors LLC now owns 39,500 shares of the exchange traded fund’s stock valued at $1,340,000 after buying an additional 3,185 shares during the last quarter. Finally, HBW Advisory Services LLC raised its position in shares of VanEck Gold Miners ETF by 3.8% in the second quarter. HBW Advisory Services LLC now owns 11,575 shares of the exchange traded fund’s stock valued at $393,000 after buying an additional 420 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $37.66 on Friday. The company has a 50 day moving average price of $39.61 and a two-hundred day moving average price of $37.60. The stock has a market capitalization of $15.05 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22.

About VanEck Gold Miners ETF

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.