VanEck Gold Miners ETF $GDX Shares Newly Acquired by BFI Infinity Ltd.

BFI Infinity Ltd. purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 160,104 shares of the exchange traded fund’s stock, valued at approximately $14,057,000. VanEck Gold Miners ETF comprises about 6.7% of BFI Infinity Ltd.’s investment portfolio, making the stock its 5th biggest position. BFI Infinity Ltd. owned 0.05% of VanEck Gold Miners ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. White Pine Investment CO boosted its stake in shares of VanEck Gold Miners ETF by 3.3% during the third quarter. White Pine Investment CO now owns 166,477 shares of the exchange traded fund’s stock valued at $14,617,000 after purchasing an additional 5,269 shares in the last quarter. Guyasuta Investment Advisors Inc. bought a new position in shares of VanEck Gold Miners ETF during the third quarter worth about $1,529,000. AdvisorNet Financial Inc lifted its stake in shares of VanEck Gold Miners ETF by 5.6% in the third quarter. AdvisorNet Financial Inc now owns 14,277 shares of the exchange traded fund’s stock worth $1,191,000 after acquiring an additional 753 shares during the period. SBE LLC DBA Cedar Cove Wealth Partners boosted its holdings in VanEck Gold Miners ETF by 2.4% in the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 63,430 shares of the exchange traded fund’s stock valued at $5,569,000 after acquiring an additional 1,481 shares during the last quarter. Finally, Mather Group LLC. acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at approximately $120,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $87.02 on Friday. The firm has a market cap of $26.21 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a 52-week low of $68.13 and a 52-week high of $117.18. The firm has a 50 day moving average price of $93.67 and a two-hundred day moving average price of $87.83.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.