MH & Associates Securities Management Corp ADV Acquires New Holdings in VanEck Gold Miners ETF $GDX

MH & Associates Securities Management Corp ADV acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 38,047 shares of the exchange traded fund’s stock, valued at approximately $3,263,000. VanEck Gold Miners ETF makes up about 2.7% of MH & Associates Securities Management Corp ADV’s portfolio, making the stock its 14th biggest position.

Several other institutional investors also recently bought and sold shares of the stock. Rafferty Asset Management LLC raised its holdings in VanEck Gold Miners ETF by 30.0% during the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after buying an additional 1,503,884 shares in the last quarter. Slate Path Capital LP bought a new position in VanEck Gold Miners ETF during the second quarter valued at about $123,070,000. Pureheart Capital Pte Ltd. raised its position in shares of VanEck Gold Miners ETF by 1.4% in the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock valued at $69,708,000 after purchasing an additional 19,000 shares during the period. Ameriprise Financial Inc. raised its position in shares of VanEck Gold Miners ETF by 2.4% in the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after purchasing an additional 25,688 shares during the period. Finally, Ion Asset Management Ltd. raised its position in shares of VanEck Gold Miners ETF by 0.5% in the second quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock valued at $50,965,000 after purchasing an additional 4,420 shares during the period.

VanEck Gold Miners ETF Stock Up 3.4%

NYSEARCA:GDX opened at $98.18 on Thursday. VanEck Gold Miners ETF has a 12 month low of $42.76 and a 12 month high of $117.18. The firm has a market cap of $30.34 billion, a price-to-earnings ratio of 21.70 and a beta of 0.63. The company’s 50 day moving average is $98.33 and its 200-day moving average is $88.23.

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.