OVERSEA CHINESE BANKING Corp Ltd Has $2.11 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

OVERSEA CHINESE BANKING Corp Ltd grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 54.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 62,315 shares of the exchange traded fund’s stock after purchasing an additional 21,985 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in VanEck Gold Miners ETF were worth $2,113,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GDX. Atomi Financial Group Inc. lifted its position 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 worth $299,000 after buying an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position 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 worth $390,000 after buying an additional 1,301 shares in the last quarter. Tandem Financial LLC acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth about $7,621,000. Van ECK Associates Corp lifted its position 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 worth $1,327,000 after buying an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position 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 worth $1,385,000 after buying an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.8 %

Shares of NYSEARCA GDX opened at $45.23 on Thursday. The firm’s 50-day simple moving average is $40.06 and its 200 day simple moving average is $38.89. The company has a market cap of $14.99 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a 12-month low of $28.91 and a 12-month high of $45.65.

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.