Migdal Insurance & Financial Holdings Ltd. Has $747,000 Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Migdal Insurance & Financial Holdings Ltd. decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.0% in the fourth quarter, HoldingsChannel reports. The firm owned 24,050 shares of the exchange traded fund’s stock after selling 17,418 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in VanEck Gold Miners ETF were worth $747,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Verger Capital Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 1.6% during the 4th quarter. Verger Capital Management LLC now owns 40,927 shares of the exchange traded fund’s stock valued at $1,269,000 after buying an additional 642 shares during the period. Desjardins Global Asset Management Inc. boosted its stake in shares of VanEck Gold Miners ETF by 705.5% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock valued at $63,204,000 after buying an additional 1,785,137 shares during the period. First American Trust FSB acquired a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $249,000. London & Capital Asset Management Ltd boosted its stake in shares of VanEck Gold Miners ETF by 4.8% during the 4th quarter. London & Capital Asset Management Ltd now owns 140,326 shares of the exchange traded fund’s stock valued at $4,352,000 after buying an additional 6,384 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of VanEck Gold Miners ETF by 8.2% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 25,913 shares of the exchange traded fund’s stock valued at $804,000 after buying an additional 1,969 shares during the period.

VanEck Gold Miners ETF Trading Up 1.6 %

VanEck Gold Miners ETF stock opened at $33.55 on Thursday. The company has a market capitalization of $14.03 billion, a P/E ratio of 28.20 and a beta of 0.81. The firm’s fifty day simple moving average is $29.69 and its 200-day simple moving average is $29.31. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26.

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.