Maven Securities LTD Has $671,000 Holdings in VanEck Gold Miners ETF $GDX

Maven Securities LTD decreased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 36.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,890 shares of the exchange traded fund’s stock after selling 7,533 shares during the quarter. Maven Securities LTD’s holdings in VanEck Gold Miners ETF were worth $671,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GDX. JPMorgan Chase & Co. raised its stake in VanEck Gold Miners ETF by 766.7% during the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after buying an additional 4,574,598 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of VanEck Gold Miners ETF by 7,098.1% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock worth $94,731,000 after acquiring an additional 2,051,490 shares in the last quarter. CSM Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at about $36,656,000. Teacher Retirement System of Texas boosted its position in shares of VanEck Gold Miners ETF by 99.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock valued at $67,990,000 after purchasing an additional 650,000 shares in the last quarter. Finally, Invesco Ltd. acquired a new stake in VanEck Gold Miners ETF during the second quarter worth approximately $31,236,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $81.94 on Wednesday. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $85.08. The stock has a 50 day simple moving average of $76.66 and a two-hundred day simple moving average of $64.51. The company has a market cap of $24.61 billion, a P/E ratio of 21.70 and a beta of 0.55.

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.