1,189,000 Shares in VanEck Gold Miners ETF $GDX Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,189,000 shares of the exchange traded fund’s stock, valued at approximately $101,981,000.

Other hedge funds have also added to or reduced their stakes in the company. Constant Guidance Financial LLC acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $1,433,000. Advisory Alpha LLC acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $455,000. Vestmark Advisory Solutions Inc. acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $3,649,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $848,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 15.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 35,422 shares of the exchange traded fund’s stock worth $2,706,000 after purchasing an additional 4,778 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 3.0%

NYSEARCA:GDX opened at $80.03 on Friday. The stock has a market cap of $24.66 billion, a P/E ratio of 21.70 and a beta of 0.60. The stock has a 50 day simple moving average of $90.23 and a 200 day simple moving average of $92.79. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18.

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.