Leuthold Group LLC Buys 30,368 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Leuthold Group LLC lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 139.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,205 shares of the exchange traded fund’s stock after purchasing an additional 30,368 shares during the quarter. Leuthold Group LLC’s holdings in VanEck Gold Miners ETF were worth $1,770,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GDX. Creative Planning increased its stake in VanEck Gold Miners ETF by 0.8% in the third quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after acquiring an additional 711 shares during the period. Blue Trust Inc. grew its stake in shares of VanEck Gold Miners ETF by 88.1% in the 3rd quarter. Blue Trust Inc. now owns 2,110 shares of the exchange traded fund’s stock valued at $84,000 after purchasing an additional 988 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in shares of VanEck Gold Miners ETF by 8.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 21,210 shares of the exchange traded fund’s stock valued at $845,000 after purchasing an additional 1,604 shares during the period. CENTRAL TRUST Co raised its holdings in shares of VanEck Gold Miners ETF by 342.4% in the 3rd quarter. CENTRAL TRUST Co now owns 11,822 shares of the exchange traded fund’s stock worth $471,000 after buying an additional 9,150 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC lifted its position in shares of VanEck Gold Miners ETF by 81.1% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 116,724 shares of the exchange traded fund’s stock worth $4,648,000 after buying an additional 52,281 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $40.80 on Friday. The business’s fifty day moving average price is $37.54 and its two-hundred day moving average price is $38.39. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a market capitalization of $16.31 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.