New York State Common Retirement Fund Increases Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

New York State Common Retirement Fund increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,712 shares of the exchange traded fund’s stock after purchasing an additional 8,260 shares during the quarter. New York State Common Retirement Fund’s holdings in VanEck Gold Miners ETF were worth $3,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GDX. Register Financial Advisors LLC lifted its position in shares of VanEck Gold Miners ETF by 58.5% in the fourth quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 626 shares in the last quarter. VisionPoint Advisory Group LLC increased its position in VanEck Gold Miners ETF by 34.1% in the third quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 511 shares during the last quarter. Oakworth Capital Inc. purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at about $69,000. Private Trust Co. NA lifted its stake in shares of VanEck Gold Miners ETF by 14.9% in the 4th quarter. Private Trust Co. NA now owns 4,343 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 562 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in VanEck Gold Miners ETF by 327.7% during the fourth quarter. Allworth Financial LP now owns 4,593 shares of the exchange traded fund’s stock worth $142,000 after buying an additional 3,519 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $34.22 on Tuesday. The business’s 50 day moving average price is $31.35 and its 200-day moving average price is $29.83. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $35.81. The company has a market cap of $13.68 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.