E Fund Management Co. Ltd. Has $2.61 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

E Fund Management Co. Ltd. grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,953 shares of the exchange traded fund’s stock after purchasing an additional 5,819 shares during the quarter. E Fund Management Co. Ltd.’s holdings in VanEck Gold Miners ETF were worth $2,611,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in GDX. Jane Street Group LLC grew its position in shares of VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. Capitolis Liquid Global Markets LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at about $104,346,000. Alaska Permanent Fund Corp grew its position in shares of VanEck Gold Miners ETF by 132.1% in the first quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock valued at $124,594,000 after purchasing an additional 2,242,823 shares during the last quarter. GLOBALT Investments LLC GA acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $58,686,000. Finally, National Bank of Canada FI grew its position in shares of VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $39.51 on Wednesday. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $40.23. The company has a market cap of $15.79 billion, a P/E ratio of 28.03 and a beta of 0.85. The stock’s 50-day moving average is $37.65 and its 200-day moving average is $34.84.

VanEck Gold Miners ETF Company 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.