Allianz SE decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 17.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 107,760 shares of the exchange traded fund’s stock after selling 23,500 shares during the period. Allianz SE’s holdings in VanEck Gold Miners ETF were worth $5,610,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the stock. Ethos Financial Group LLC bought a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at $309,000. American National Bank & Trust acquired a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $68,000. Integrity Alliance LLC. bought a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at about $254,000. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of VanEck Gold Miners ETF during the second quarter worth about $227,000. Finally, Banque Pictet & Cie SA boosted its position in shares of VanEck Gold Miners ETF by 1.5% during the second quarter. Banque Pictet & Cie SA now owns 66,000 shares of the exchange traded fund’s stock worth $3,436,000 after buying an additional 1,000 shares during the period.
VanEck Gold Miners ETF Stock Performance
Shares of VanEck Gold Miners ETF stock opened at $79.25 on Thursday. The firm has a market cap of $23.80 billion, a PE ratio of 21.70 and a beta of 0.55. The business’s 50 day simple moving average is $73.56 and its 200 day simple moving average is $60.34. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $85.08.
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.
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