Y Intercept Hong Kong Ltd Acquires Shares of 68,086 VanEck Gold Miners ETF $GDX

Y Intercept Hong Kong Ltd acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 68,086 shares of the exchange traded fund’s stock, valued at approximately $6,248,000.

A number of other institutional investors also recently made changes to their positions in GDX. Advisory Alpha LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $455,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in VanEck Gold Miners ETF in the third quarter worth about $848,000. Redhawk Wealth Advisors Inc. grew its stake in VanEck Gold Miners ETF by 1,433.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 94,010 shares of the exchange traded fund’s stock worth $8,063,000 after purchasing an additional 87,880 shares in the last quarter. Mainstay Capital Management LLC ADV bought a new stake in VanEck Gold Miners ETF in the third quarter valued at about $1,421,000. Finally, Sanders Morris Harris LLC acquired a new stake in VanEck Gold Miners ETF during the fourth quarter valued at approximately $867,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $78.43 on Friday. The company has a market cap of $23.69 billion, a PE ratio of 21.70 and a beta of 0.65. The business’s 50 day moving average is $84.94 and its two-hundred day moving average is $92.55. VanEck Gold Miners ETF has a 52 week low of $50.35 and a 52 week high of $117.18.

VanEck Gold Miners ETF Company 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.