Stephens Inc. AR Grows Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Stephens Inc. AR boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,010 shares of the exchange traded fund’s stock after acquiring an additional 2,581 shares during the quarter. Stephens Inc. AR’s holdings in VanEck Gold Miners ETF were worth $2,849,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Atomi Financial Group Inc. raised its holdings in shares of VanEck Gold Miners ETF by 5.5% in the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 462 shares during the period. Fifth Third Wealth Advisors LLC increased its stake in VanEck Gold Miners ETF by 12.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 1,301 shares during the period. Tandem Financial LLC purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth $7,621,000. CWM LLC boosted its stake in shares of VanEck Gold Miners ETF by 55.8% during the third quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 6,694 shares during the period. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter valued at $438,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $41.44 on Wednesday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The firm’s 50-day moving average is $36.91 and its 200 day moving average is $38.14. The company has a market capitalization of $16.57 billion, a PE ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF 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.