VanEck Gold Miners ETF $GDX Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 4.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 741,118 shares of the exchange traded fund’s stock after buying an additional 33,088 shares during the quarter. Envestnet Asset Management Inc.’s holdings in VanEck Gold Miners ETF were worth $38,582,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of VanEck Gold Miners ETF by 7,098.1% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock valued at $94,731,000 after acquiring an additional 2,051,490 shares during the period. OVERSEA CHINESE BANKING Corp Ltd lifted its position in VanEck Gold Miners ETF by 3,010.4% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock worth $89,100,000 after purchasing an additional 1,875,906 shares during the period. National Bank of Canada FI boosted its stake in VanEck Gold Miners ETF by 8,656.1% during the 1st quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock valued at $63,264,000 after purchasing an additional 1,360,475 shares in the last quarter. CSM Advisors LLC bought a new position in VanEck Gold Miners ETF during the 1st quarter valued at $36,656,000. Finally, Banque Transatlantique SA acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at $25,011,000.

VanEck Gold Miners ETF Stock Performance

GDX opened at $72.06 on Friday. The company has a market capitalization of $21.74 billion, a PE ratio of 21.70 and a beta of 0.55. The stock’s fifty day moving average is $71.87 and its 200-day moving average is $59.07. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $85.08.

VanEck Gold Miners ETF Profile

(Free Report)

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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