Hara Capital LLC Buys 670 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Hara Capital LLC lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.8% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,215 shares of the exchange traded fund’s stock after acquiring an additional 670 shares during the period. Hara Capital LLC’s holdings in VanEck Gold Miners ETF were worth $725,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in shares of VanEck Gold Miners ETF by 649.7% during 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 buying 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 during the 1st quarter worth approximately $104,346,000. National Bank of Canada FI raised its stake 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 in the last quarter. Strategic Financial Concepts LLC lifted its position in VanEck Gold Miners ETF by 3,646.0% in the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after purchasing an additional 1,673,315 shares during the period. Finally, Blackstone Inc. acquired a new stake in VanEck Gold Miners ETF during the first quarter worth $41,106,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock traded up $0.49 during mid-day trading on Thursday, reaching $39.13. The company’s stock had a trading volume of 6,605,713 shares, compared to its average volume of 22,342,350. The firm’s 50-day moving average is $39.99 and its two-hundred day moving average is $37.24. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The company has a market cap of $15.64 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.