VanEck Gold Miners ETF $GDX Shares Bought by Assetmark Inc.

Assetmark Inc. increased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4,594.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,855 shares of the exchange traded fund’s stock after buying an additional 71,303 shares during the period. Assetmark Inc.’s holdings in VanEck Gold Miners ETF were worth $6,686,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 12,408 shares in the last quarter. Invesco Ltd. acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at approximately $31,236,000. Natixis grew its stake in VanEck Gold Miners ETF by 196.1% during the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after purchasing an additional 17,716 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in VanEck Gold Miners ETF by 194.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock worth $1,894,000 after purchasing an additional 24,022 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter worth approximately $846,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $74.19 on Wednesday. The stock has a market capitalization of $22.66 billion, a PE ratio of 21.70 and a beta of 0.65. The firm’s fifty day moving average price is $80.70 and its 200 day moving average price is $91.45. VanEck Gold Miners ETF has a 12-month low of $51.37 and a 12-month high of $117.18.

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.