23,704 Shares in VanEck Gold Miners ETF $GDX Purchased by Everstar Asset Management LLC

Everstar Asset Management LLC bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 23,704 shares of the exchange traded fund’s stock, valued at approximately $2,033,000. VanEck Gold Miners ETF accounts for about 1.0% of Everstar Asset Management LLC’s investment portfolio, making the stock its 29th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. Rafferty Asset Management LLC grew its position in VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after purchasing an additional 1,503,884 shares during the period. M&T Bank Corp grew its position in VanEck Gold Miners ETF by 7,491.6% in the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after purchasing an additional 1,998,748 shares during the period. Ameriprise Financial Inc. grew its position in VanEck Gold Miners ETF by 2.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock worth $82,336,000 after purchasing an additional 25,688 shares during the period. Ion Asset Management Ltd. grew its position in VanEck Gold Miners ETF by 0.5% in the 2nd quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock worth $50,965,000 after purchasing an additional 4,420 shares during the period. Finally, Menora Mivtachim Holdings LTD. bought a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $70,231,000.

VanEck Gold Miners ETF Trading Down 7.0%

NYSEARCA:GDX opened at $87.35 on Friday. The company has a 50 day simple moving average of $93.44 and a two-hundred day simple moving average of $91.34. The company has a market cap of $26.91 billion, a PE ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a 12 month low of $45.24 and a 12 month 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.