The Manufacturers Life Insurance Company Sells 27,827 Shares of VanEck Gold Miners ETF $GDX

The Manufacturers Life Insurance Company lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 88.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,550 shares of the exchange traded fund’s stock after selling 27,827 shares during the period. The Manufacturers Life Insurance Company’s holdings in VanEck Gold Miners ETF were worth $326,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of GDX. AQR Capital Management LLC lifted its position in VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 12,408 shares during the last quarter. Invesco Ltd. bought a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at $31,236,000. Natixis raised its holdings in VanEck Gold Miners ETF by 196.1% during the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after buying an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in VanEck Gold Miners ETF by 194.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after buying an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at $846,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $89.97 on Monday. The company’s fifty day simple moving average is $78.62 and its two-hundred day simple moving average is $89.55. VanEck Gold Miners ETF has a 12-month low of $56.59 and a 12-month high of $117.18. The firm has a market cap of $27.45 billion, a PE ratio of 21.70 and a beta of 0.65.

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.