VanEck Gold Miners ETF Sees Unusually High Options Volume (NYSEARCA:GDX)

VanEck Gold Miners ETF (NYSEARCA:GDXGet Free Report) was the recipient of unusually large options trading activity on Tuesday. Traders bought 184,238 call options on the stock. This is an increase of 23% compared to the average volume of 149,500 call options.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $32.43 on Wednesday. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $36.26. The company has a market cap of $12.99 billion, a PE ratio of 15.72 and a beta of 0.77. The stock’s 50-day moving average is $28.46 and its 200 day moving average is $28.91.

Institutional Trading of VanEck Gold Miners ETF

Several large investors have recently added to or reduced their stakes in the stock. Natixis purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth about $25,000. Headlands Technologies LLC purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth about $26,000. Bessemer Group Inc. purchased a new stake in VanEck Gold Miners ETF in the second quarter worth about $29,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth about $32,000. Finally, Coppell Advisory Solutions Corp. purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth about $33,000.

About VanEck Gold Miners ETF

(Get Free Report)

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.

Further Reading

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