VanEck Gold Miners ETF $GDX Shares Purchased by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 96.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 25,204 shares of the exchange traded fund’s stock after purchasing an additional 12,375 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in VanEck Gold Miners ETF were worth $2,313,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of GDX. AQR Capital Management LLC raised its stake in VanEck Gold Miners ETF by 106.2% during the 1st quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 12,408 shares during the period. Invesco Ltd. purchased a new position in shares of VanEck Gold Miners ETF during the 2nd quarter valued at $31,236,000. Natixis increased its stake in shares of VanEck Gold Miners ETF by 196.1% in the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after acquiring an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of VanEck Gold Miners ETF by 194.3% in the second quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock worth $1,894,000 after acquiring an additional 24,022 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in shares of VanEck Gold Miners ETF during the second quarter worth $846,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $73.37 on Tuesday. The business’s 50-day moving average price is $83.15 and its two-hundred day moving average price is $92.10. VanEck Gold Miners ETF has a one year low of $50.44 and a one year high of $117.18. The company has a market capitalization of $22.39 billion, a P/E ratio of 21.70 and a beta of 0.65.

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.