Black Swift Group LLC Purchases Shares of 10,675 VanEck Gold Miners ETF (NYSEARCA:GDX)

Black Swift Group LLC purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,675 shares of the exchange traded fund’s stock, valued at approximately $362,000.

Other institutional investors also recently modified their holdings of the company. Atomi Financial Group Inc. raised its stake in VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 462 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in VanEck Gold Miners ETF by 12.8% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 1,301 shares during the period. Tandem Financial LLC acquired a new stake in VanEck Gold Miners ETF during the 4th quarter valued at $7,621,000. Van ECK Associates Corp raised its stake in VanEck Gold Miners ETF by 22.6% during the 4th quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock valued at $1,327,000 after purchasing an additional 7,212 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in VanEck Gold Miners ETF by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock valued at $1,385,000 after purchasing an additional 8,500 shares during the period.

VanEck Gold Miners ETF Stock Up 3.5 %

Shares of NYSEARCA:GDX opened at $41.70 on Thursday. The company’s fifty day moving average is $38.41 and its two-hundred day moving average is $38.62. VanEck Gold Miners ETF has a 12-month low of $28.91 and a 12-month high of $44.22. The company has a market cap of $14.03 billion, a P/E ratio of 22.76 and a beta of 0.96.

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.