Citizens Financial Group Inc. RI Buys New Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Citizens Financial Group Inc. RI bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 68,355 shares of the exchange traded fund’s stock, valued at approximately $2,120,000.

A number of other large investors have also modified their holdings of the company. Morgan Stanley raised its stake in shares of VanEck Gold Miners ETF by 4.3% in the third quarter. Morgan Stanley now owns 11,073,715 shares of the exchange traded fund’s stock valued at $297,994,000 after purchasing an additional 460,687 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of VanEck Gold Miners ETF by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 9,477,920 shares of the exchange traded fund’s stock valued at $255,051,000 after purchasing an additional 1,920,723 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of VanEck Gold Miners ETF by 6.5% in the third quarter. Rafferty Asset Management LLC now owns 8,108,154 shares of the exchange traded fund’s stock valued at $218,190,000 after purchasing an additional 493,627 shares in the last quarter. Toronto Dominion Bank raised its stake in VanEck Gold Miners ETF by 31.5% during the third quarter. Toronto Dominion Bank now owns 3,085,387 shares of the exchange traded fund’s stock worth $83,028,000 after acquiring an additional 738,786 shares in the last quarter. Finally, Desjardins Global Asset Management Inc. raised its stake in VanEck Gold Miners ETF by 705.5% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock worth $63,204,000 after acquiring an additional 1,785,137 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.7 %

VanEck Gold Miners ETF stock traded up $0.25 during mid-day trading on Friday, hitting $34.58. 21,754,268 shares of the company were exchanged, compared to its average volume of 26,221,467. The business has a fifty day moving average of $30.65 and a 200 day moving average of $29.64. 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 capitalization of $14.46 billion, a PE ratio of 28.20 and a beta of 0.81.

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.