VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by Kraematon Investment Advisors Inc.

Kraematon Investment Advisors Inc. raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,425 shares of the exchange traded fund’s stock after acquiring an additional 5,532 shares during the quarter. Kraematon Investment Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $625,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. 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. Quadrature Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $76,065,000. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of 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 period. Stifel Financial Corp boosted its position in shares of 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 purchasing an additional 84,471 shares during the period. Finally, Carrhae Capital LLP acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $43,073,000.

VanEck Gold Miners ETF Trading Down 0.3 %

VanEck Gold Miners ETF stock opened at $36.62 on Friday. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22. The stock has a 50 day moving average of $36.26 and a two-hundred day moving average of $37.85. The stock has a market capitalization of $14.64 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.