VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 79.7% in the second quarter, HoldingsChannel.com reports. The fund owned 54,751 shares of the exchange traded fund’s stock after acquiring an additional 24,277 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $1,858,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in GDX. Jane Street Group LLC raised its stake in shares of 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 worth $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. Rafferty Asset Management LLC raised its position in VanEck Gold Miners ETF by 1.9% during the 4th quarter. Rafferty Asset Management LLC now owns 8,260,268 shares of the exchange traded fund’s stock worth $256,151,000 after buying an additional 152,114 shares during the last quarter. Alaska Permanent Fund Corp lifted its stake in VanEck Gold Miners ETF by 132.1% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock valued at $124,594,000 after acquiring an additional 2,242,823 shares during the period. National Bank of Canada FI boosted its holdings in shares of VanEck Gold Miners ETF by 89.0% in the 2nd 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 acquiring an additional 1,842,885 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at $104,346,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $40.09 on Friday. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $40.22. The stock has a market cap of $16.03 billion, a PE ratio of 28.03 and a beta of 0.85. The firm has a fifty day moving average price of $37.57 and a 200 day moving average price of $34.68.

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.