VanEck Gold Miners ETF $GDX Position Raised by Rockport Wealth LLC

Rockport Wealth LLC grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 27.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,809 shares of the exchange traded fund’s stock after acquiring an additional 11,667 shares during the quarter. VanEck Gold Miners ETF comprises about 0.9% of Rockport Wealth LLC’s investment portfolio, making the stock its 28th largest holding. Rockport Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $4,938,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of GDX. Caisse de depot et placement du Quebec acquired a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $218,971,000. M&T Bank Corp increased its stake in shares of VanEck Gold Miners ETF by 7,491.6% in the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after purchasing an additional 1,998,748 shares during the period. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 30.0% in 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 period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $101,981,000. Finally, Keystone Investors PTE Ltd. acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth approximately $57,449,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $74.00 on Thursday. VanEck Gold Miners ETF has a 12 month low of $50.44 and a 12 month high of $117.18. The stock has a market cap of $22.59 billion, a P/E ratio of 21.70 and a beta of 0.65. The stock’s 50 day moving average price is $82.56 and its 200 day moving average price is $91.88.

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.