Meitav Investment House Ltd. Boosts Stock Position in VanEck Gold Miners ETF $GDX

Meitav Investment House Ltd. increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3,846.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 718,200 shares of the exchange traded fund’s stock after purchasing an additional 700,000 shares during the period. Meitav Investment House Ltd. owned approximately 0.24% of VanEck Gold Miners ETF worth $54,725,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. New Republic Capital LLC purchased a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at about $29,000. Highline Wealth Partners LLC grew its position in VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares in the last quarter. Hoey Investments Inc. increased its stake in VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 213 shares during the last quarter. Tradewinds Capital Management LLC increased its stake in VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 325 shares during the last quarter. Finally, Creekmur Asset Management LLC raised its position in VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 362 shares during the period.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $97.24 on Friday. The firm has a market capitalization of $29.18 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The business has a 50 day simple moving average of $84.69 and a 200-day simple moving average of $71.72. VanEck Gold Miners ETF has a 1 year low of $36.12 and a 1 year high of $98.42.

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.