Rit Capital Partners PLC Takes $52.32 Million Position in VanEck Gold Miners ETF $GDX

Rit Capital Partners PLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 685,000 shares of the exchange traded fund’s stock, valued at approximately $52,320,000. VanEck Gold Miners ETF comprises about 7.1% of Rit Capital Partners PLC’s investment portfolio, making the stock its 6th biggest position.

Several other large investors also recently bought and sold shares of GDX. New Republic Capital LLC acquired a new position in VanEck Gold Miners ETF during the 3rd quarter valued at approximately $29,000. Highline Wealth Partners LLC grew its holdings in shares of VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 135 shares during the last quarter. Tradewinds Capital Management LLC increased its position in shares of VanEck Gold Miners ETF by 162.5% in the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 325 shares during the period. Creekmur Asset Management LLC raised its stake in VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 362 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $50,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $94.19 on Tuesday. The business’s 50-day simple moving average is $90.73 and its two-hundred day simple moving average is $75.84. The company has a market cap of $28.37 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $113.50.

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.