Mizuho Markets Americas LLC Takes $944,000 Position in VanEck Gold Miners ETF $GDX

Mizuho Markets Americas LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 11,001 shares of the exchange traded fund’s stock, valued at approximately $944,000.

Several other hedge funds have also recently bought and sold shares of the company. Clear Creek Financial Management LLC increased its stake in VanEck Gold Miners ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock worth $1,171,000 after purchasing an additional 112 shares during the period. KFA Private Wealth Group LLC boosted its stake in shares of VanEck Gold Miners ETF by 2.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $382,000 after purchasing an additional 117 shares during the period. Wakefield Asset Management LLLP boosted its stake in shares of VanEck Gold Miners ETF by 0.4% in the fourth quarter. Wakefield Asset Management LLLP now owns 34,675 shares of the exchange traded fund’s stock valued at $2,974,000 after purchasing an additional 129 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 11.8% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 1,230 shares of the exchange traded fund’s stock valued at $105,000 after purchasing an additional 130 shares in the last quarter. Finally, LifeGoal Investments LLC grew its holdings in shares of VanEck Gold Miners ETF by 3.6% in the fourth quarter. LifeGoal Investments LLC now owns 4,765 shares of the exchange traded fund’s stock valued at $409,000 after purchasing an additional 164 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 1.1%

Shares of GDX opened at $85.02 on Friday. The company has a market cap of $26.19 billion, a P/E ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a fifty-two week low of $49.34 and a fifty-two week high of $117.18. The firm’s 50 day moving average price is $91.80 and its 200 day moving average price is $91.84.

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.