Migdal Insurance & Financial Holdings Ltd. Has $570,000 Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Migdal Insurance & Financial Holdings Ltd. raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 93.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,800 shares of the exchange traded fund’s stock after acquiring an additional 8,100 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in VanEck Gold Miners ETF were worth $570,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Stephens Inc. AR increased its stake in VanEck Gold Miners ETF by 18.3% in the fourth quarter. Stephens Inc. AR now owns 69,163 shares of the exchange traded fund’s stock valued at $2,145,000 after purchasing an additional 10,688 shares in the last quarter. Steward Partners Investment Advisory LLC raised its stake in VanEck Gold Miners ETF by 3.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 67,136 shares of the exchange traded fund’s stock worth $2,082,000 after buying an additional 2,133 shares during the period. Capital Investment Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 9.8% in the second quarter. Capital Investment Advisors LLC now owns 17,668 shares of the exchange traded fund’s stock worth $599,000 after acquiring an additional 1,580 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in VanEck Gold Miners ETF in the fourth quarter valued at approximately $1,044,000. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of VanEck Gold Miners ETF by 8.2% during the fourth quarter. CIBC Private Wealth Group LLC now owns 32,831 shares of the exchange traded fund’s stock valued at $1,018,000 after acquiring an additional 2,491 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX traded up $0.52 during midday trading on Thursday, hitting $38.89. 13,293,416 shares of the company’s stock were exchanged, compared to its average volume of 22,904,996. VanEck Gold Miners ETF has a 12 month low of $25.62 and a 12 month high of $39.97. The company has a market cap of $15.54 billion, a PE ratio of 28.03 and a beta of 0.85. The stock has a 50 day moving average price of $36.75 and a 200-day moving average price of $33.73.

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.