28,175 Shares of VanEck Gold Miners ETF $GDX Acquired by Thor Investment Management Inc. OH ADV

Thor Investment Management Inc. OH ADV acquired a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 28,175 shares of the exchange traded fund’s stock, valued at approximately $2,474,000. VanEck Gold Miners ETF accounts for about 1.4% of Thor Investment Management Inc. OH ADV’s investment portfolio, making the stock its 20th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of Nova Scotia increased its holdings in shares of VanEck Gold Miners ETF by 282.0% in the 1st quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock worth $247,133,000 after buying an additional 1,987,920 shares during the last quarter. OMERS ADMINISTRATION Corp purchased a new position in VanEck Gold Miners ETF in the first quarter worth $84,873,000. Bank of America Corp DE grew its position in VanEck Gold Miners ETF by 11.5% in the first quarter. Bank of America Corp DE now owns 8,345,307 shares of the exchange traded fund’s stock worth $765,849,000 after acquiring an additional 858,716 shares in the last quarter. IMC Chicago LLC grew its position in VanEck Gold Miners ETF by 1,264.4% in the first quarter. IMC Chicago LLC now owns 697,975 shares of the exchange traded fund’s stock worth $64,053,000 after acquiring an additional 646,817 shares in the last quarter. Finally, Capital Markets Trading UK LLP increased its stake in VanEck Gold Miners ETF by 115.9% in the fourth quarter. Capital Markets Trading UK LLP now owns 79,519 shares of the exchange traded fund’s stock valued at $6,820,000 after acquiring an additional 580,472 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX traded down $1.29 during trading on Tuesday, reaching $87.24. The stock had a trading volume of 15,134,477 shares, compared to its average volume of 24,394,738. The business has a 50-day moving average of $93.42 and a 200-day moving average of $87.81. VanEck Gold Miners ETF has a one year low of $68.13 and a one year high of $117.18. The stock has a market cap of $26.28 billion, a PE ratio of 21.70 and a beta of 0.68.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.