VanEck Gold Miners ETF $GDX Shares Acquired by Global View Capital Management LLC

Global View Capital Management LLC increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 151.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,136 shares of the exchange traded fund’s stock after purchasing an additional 6,712 shares during the period. Global View Capital Management LLC’s holdings in VanEck Gold Miners ETF were worth $955,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Slate Path Capital LP purchased a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at about $123,070,000. Rafferty Asset Management LLC increased its stake in shares of 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 valued at $338,966,000 after acquiring an additional 1,503,884 shares during the last quarter. Menora Mivtachim Holdings LTD. purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $70,231,000. Meitav Investment House Ltd. lifted its holdings in shares of VanEck Gold Miners ETF by 3,846.2% during the 3rd quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock worth $54,725,000 after acquiring an additional 700,000 shares during the period. Finally, Parker Investment Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth approximately $52,704,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $85.79 on Monday. VanEck Gold Miners ETF has a 1 year low of $40.26 and a 1 year high of $117.18. The firm has a 50 day moving average price of $100.18 and a 200 day moving average price of $87.01. The company has a market cap of $26.18 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

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.