Patriot Financial Group Insurance Agency LLC Purchases 11,264 Shares of VanEck Gold Miners ETF $GDX

Patriot Financial Group Insurance Agency LLC lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 52.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,564 shares of the exchange traded fund’s stock after buying an additional 11,264 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in VanEck Gold Miners ETF were worth $2,988,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GDX. Caisse de depot et placement du Quebec bought a new position in VanEck Gold Miners ETF during the fourth quarter worth $218,971,000. M&T Bank Corp boosted its position in VanEck Gold Miners ETF by 7,491.6% during the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after acquiring an additional 1,998,748 shares during the last quarter. Rafferty Asset Management LLC grew its holdings 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 worth $338,966,000 after acquiring an additional 1,503,884 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $101,981,000. Finally, Menora Mivtachim Holdings LTD. acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $70,231,000.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $77.00 on Monday. The firm has a market cap of $23.72 billion, a PE ratio of 21.70 and a beta of 0.60. The stock has a 50-day moving average price of $86.97 and a 200-day moving average price of $92.88. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year 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.