OVERSEA CHINESE BANKING Corp Ltd Raises Holdings in VanEck Gold Miners ETF $GDX

OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 157.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,530 shares of the exchange traded fund’s stock after buying an additional 86,530 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in VanEck Gold Miners ETF were worth $10,809,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in VanEck Gold Miners ETF by 766.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after buying an additional 4,574,598 shares during the last quarter. Slate Path Capital LP bought a new stake in shares of VanEck Gold Miners ETF in the second quarter worth approximately $123,070,000. Rafferty Asset Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 30.0% during the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after purchasing an additional 1,503,884 shares during the last quarter. Teacher Retirement System of Texas lifted its position in VanEck Gold Miners ETF by 99.1% during 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 purchasing an additional 650,000 shares during the period. Finally, Invesco Ltd. bought a new position in VanEck Gold Miners ETF during the second quarter valued at approximately $31,236,000.

VanEck Gold Miners ETF Trading Up 0.4%

NYSEARCA:GDX opened at $96.86 on Thursday. The company has a market cap of $29.07 billion, a PE ratio of 21.70 and a beta of 0.55. The company has a 50 day simple moving average of $83.67 and a two-hundred day simple moving average of $71.09. VanEck Gold Miners ETF has a 12 month low of $36.12 and a 12 month high of $98.42.

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.