16,670 Shares in VanEck Gold Miners ETF $GDX Bought by Marex Group plc

Marex Group plc acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the second quarter, Holdings Channel reports. The institutional investor acquired 16,670 shares of the exchange traded fund’s stock, valued at approximately $868,000.

A number of other large investors have also modified their holdings of GDX. Hoey Investments Inc. boosted its stake in shares of VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 213 shares in the last quarter. Creekmur Asset Management LLC boosted its position in VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 362 shares in the last quarter. RMG Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at approximately $34,000. First Command Advisory Services Inc. purchased a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at approximately $35,000. Finally, Keystone Global Partners LLC purchased a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $48,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $85.66 on Monday. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $88.50. The firm has a market capitalization of $25.72 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The business’s 50 day moving average price is $77.14 and its 200-day moving average price is $65.25.

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.