OMERS ADMINISTRATION Corp Acquires New Position in VanEck Gold Miners ETF $GDX

OMERS ADMINISTRATION Corp bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 925,246 shares of the exchange traded fund’s stock, valued at approximately $84,873,000. OMERS ADMINISTRATION Corp owned 0.30% of VanEck Gold Miners ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Avalon Trust Co bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at $26,000. Eukles Asset Management purchased a new stake in VanEck Gold Miners ETF during the 4th quarter valued at approximately $27,000. Bayban purchased a new position in VanEck Gold Miners ETF during the fourth quarter valued at $27,000. Princeton Global Asset Management LLC purchased a new stake in shares of VanEck Gold Miners ETF in the first quarter worth about $27,000. Finally, Evolution Wealth Management Inc. purchased a new stake in VanEck Gold Miners ETF during the first quarter valued at $33,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $75.23 on Friday. VanEck Gold Miners ETF has a 1 year low of $51.37 and a 1 year high of $117.18. The firm has a market capitalization of $23.01 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. The business has a 50 day simple moving average of $79.68 and a 200-day simple moving average of $91.19.

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.