Ancora Advisors LLC Buys 697 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Ancora Advisors LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,519 shares of the exchange traded fund’s stock after purchasing an additional 697 shares during the quarter. Ancora Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $458,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GDX. JPMorgan Chase & Co. increased its position in VanEck Gold Miners ETF by 3.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock worth $379,397,000 after buying an additional 294,034 shares during the period. Proficio Capital Partners LLC raised its stake in VanEck Gold Miners ETF by 1,116.3% during the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock valued at $72,707,000 after purchasing an additional 1,967,832 shares during the last quarter. Raymond James Financial Inc. bought a new stake in VanEck Gold Miners ETF in the 4th quarter valued at $64,425,000. Strategic Financial Concepts LLC grew its position in VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after purchasing an additional 1,771,440 shares during the last quarter. Finally, GLOBALT Investments LLC GA increased its holdings in shares of VanEck Gold Miners ETF by 1.4% during the 4th quarter. GLOBALT Investments LLC GA now owns 1,795,153 shares of the exchange traded fund’s stock worth $60,874,000 after purchasing an additional 25,061 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $48.72 on Tuesday. VanEck Gold Miners ETF has a 52 week low of $32.84 and a 52 week high of $53.25. The firm has a market capitalization of $15.43 billion, a P/E ratio of 20.72 and a beta of 0.84. The company has a 50-day simple moving average of $45.48 and a 200-day simple moving average of $40.71.

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.