Moore Capital Management LP Has $22.43 Million Holdings in VanEck Gold Miners ETF $GDX

Moore Capital Management LP lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 45.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 261,556 shares of the exchange traded fund’s stock after purchasing an additional 81,188 shares during the period. Moore Capital Management LP owned 0.09% of VanEck Gold Miners ETF worth $22,434,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of GDX. AQR Capital Management LLC lifted its holdings in shares of VanEck Gold Miners ETF by 106.2% during the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 12,408 shares during the period. Invesco Ltd. acquired a new position in shares of VanEck Gold Miners ETF during the second quarter worth $31,236,000. Natixis lifted its holdings in shares of VanEck Gold Miners ETF by 196.1% during the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after purchasing an additional 17,716 shares during the period. Qube Research & Technologies Ltd lifted its holdings in shares of VanEck Gold Miners ETF by 194.3% during the second quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock worth $1,894,000 after purchasing an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in shares of VanEck Gold Miners ETF during the second quarter worth $846,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $84.36 on Thursday. The firm has a market cap of $25.99 billion, a PE ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 52 week low of $50.32 and a 52 week high of $117.18. The firm’s fifty day moving average is $89.71 and its 200-day moving average is $93.01.

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.