75,000 Shares in VanEck Gold Miners ETF $GDX Bought by P Schoenfeld Asset Management LP

P Schoenfeld Asset Management LP acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,000 shares of the exchange traded fund’s stock, valued at approximately $6,433,000. VanEck Gold Miners ETF accounts for 2.3% of P Schoenfeld Asset Management LP’s investment portfolio, making the stock its 11th largest position.

Other large investors have also bought and sold shares of the company. Delta Asset Management LLC TN grew its position in shares of VanEck Gold Miners ETF by 9.1% in the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 100 shares during the last quarter. Clear Creek Financial Management LLC raised its position in shares of VanEck Gold Miners ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock worth $1,171,000 after acquiring an additional 112 shares during the last quarter. KFA Private Wealth Group LLC raised its position in shares of VanEck Gold Miners ETF by 2.7% during the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock worth $382,000 after acquiring an additional 117 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 5.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,451 shares of the exchange traded fund’s stock worth $210,000 after acquiring an additional 117 shares during the period. Finally, Vivaldi Capital Management LP boosted its holdings in VanEck Gold Miners ETF by 1.4% in the fourth quarter. Vivaldi Capital Management LP now owns 8,981 shares of the exchange traded fund’s stock valued at $770,000 after acquiring an additional 125 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $80.03 on Monday. The company has a market capitalization of $24.66 billion, a PE ratio of 21.70 and a beta of 0.60. The company has a 50 day simple moving average of $90.23 and a two-hundred day simple moving average of $92.90. VanEck Gold Miners ETF has a fifty-two week low of $50.32 and a fifty-two week high of $117.18.

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.