Jump Financial LLC Boosts Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Jump Financial LLC raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 82.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 277,290 shares of the exchange traded fund’s stock after purchasing an additional 125,562 shares during the quarter. Jump Financial LLC owned 0.07% of VanEck Gold Miners ETF worth $9,403,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its stake in shares of VanEck Gold Miners ETF by 1,116.3% in the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock valued at $72,707,000 after purchasing an additional 1,967,832 shares during the period. Raymond James Financial Inc. acquired a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth $64,425,000. Strategic Financial Concepts LLC increased its position in shares of VanEck Gold Miners ETF by 3,704.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after acquiring an additional 1,771,440 shares during the period. Schroder Investment Management Group raised its stake in shares of VanEck Gold Miners ETF by 298.3% in the fourth quarter. Schroder Investment Management Group now owns 1,793,072 shares of the exchange traded fund’s stock valued at $60,552,000 after acquiring an additional 1,342,885 shares in the last quarter. Finally, Panview Capital Ltd purchased a new position in VanEck Gold Miners ETF in the fourth quarter valued at $28,427,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $50.53 on Wednesday. VanEck Gold Miners ETF has a 1 year low of $32.20 and a 1 year high of $52.64. The stock has a market capitalization of $16.39 billion, a PE ratio of 21.51 and a beta of 0.84. The stock has a 50-day simple moving average of $43.21 and a 200-day simple moving average of $39.80.

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.