Fullerton Fund Management Co Ltd. Takes Position in VanEck Gold Miners ETF $GDX

Fullerton Fund Management Co Ltd. purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 345,345 shares of the exchange traded fund’s stock, valued at approximately $17,979,000. Fullerton Fund Management Co Ltd. owned approximately 0.12% of VanEck Gold Miners ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of VanEck Gold Miners ETF by 766.7% during the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after purchasing an additional 4,574,598 shares in the last quarter. Slate Path Capital LP acquired a new stake in VanEck Gold Miners ETF in the 2nd quarter worth about $123,070,000. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in VanEck Gold Miners ETF by 7,098.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock worth $94,731,000 after buying an additional 2,051,490 shares in the last quarter. CSM Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $36,656,000. Finally, Teacher Retirement System of Texas lifted its position in shares of VanEck Gold Miners ETF by 99.1% in the second quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock valued at $67,990,000 after acquiring an additional 650,000 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $85.66 on Friday. VanEck Gold Miners ETF has a 1 year low of $33.42 and a 1 year high of $88.50. The firm has a market capitalization of $25.72 billion, a PE ratio of 21.70 and a beta of 0.55. The business’s 50 day moving average price is $77.14 and its 200-day moving average price is $65.04.

VanEck Gold Miners ETF Company 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.