VanEck Gold Miners ETF $GDX is Fielder Capital Group LLC’s 4th Largest Position

Fielder Capital Group LLC lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 222,313 shares of the exchange traded fund’s stock after selling 68,548 shares during the quarter. VanEck Gold Miners ETF comprises about 3.9% of Fielder Capital Group LLC’s investment portfolio, making the stock its 4th largest position. Fielder Capital Group LLC’s holdings in VanEck Gold Miners ETF were worth $16,985,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Rafferty Asset Management LLC grew its stake in VanEck Gold Miners ETF by 30.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after acquiring an additional 1,503,884 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 purchasing an additional 4,574,598 shares during the period. Slate Path Capital LP purchased a new position in VanEck Gold Miners ETF during the second quarter valued at approximately $123,070,000. Pureheart Capital Pte Ltd. grew its position in VanEck Gold Miners ETF by 1.4% during 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 in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in VanEck Gold Miners ETF by 99.1% in 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 buying an additional 650,000 shares during the period.

VanEck Gold Miners ETF Stock Up 5.4%

GDX stock opened at $97.39 on Friday. The company has a 50 day moving average of $91.98 and a two-hundred day moving average of $76.90. The company has a market cap of $29.72 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $38.58 and a 12-month high of $113.50.

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.