ExodusPoint Capital Management LP Makes New $377,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

ExodusPoint Capital Management LP acquired a new position in VanEck Gold Miners ETF (NYSEARCA:GDX – Get Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,610 shares of the exchange traded fund’s stock, valued at approximately $377,000.

Several other large investors have also recently bought and sold shares of the business. Blair William & Co. IL grew its holdings in VanEck Gold Miners ETF by 0.9% in the third quarter. Blair William & Co. IL now owns 260,717 shares of the exchange traded fund’s stock valued at $6,288,000 after purchasing an additional 2,350 shares during the last quarter. Heritage Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $116,000. RFG Advisory LLC acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $215,000. Kestra Advisory Services LLC grew its holdings in VanEck Gold Miners ETF by 24.5% in the third quarter. Kestra Advisory Services LLC now owns 263,311 shares of the exchange traded fund’s stock valued at $6,351,000 after purchasing an additional 51,867 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in VanEck Gold Miners ETF by 62.9% in the third quarter. Allworth Financial LP now owns 1,295 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 500 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $28.11 on Thursday. The firm has a market capitalization of $11.98 billion, a price-to-earnings ratio of 15.72 and a beta of 0.72. VanEck Gold Miners ETF has a fifty-two week low of $21.52 and a fifty-two week high of $41.60. The stock’s fifty day moving average is $30.24 and its two-hundred day moving average is $27.31.

VanEck Gold Miners ETF Company Profile

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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.