Mizuho Markets Americas LLC Invests $727,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

Mizuho Markets Americas LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 23,000 shares of the exchange traded fund’s stock, valued at approximately $727,000.

Other institutional investors also recently bought and sold shares of the company. Diversified Trust Co purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $217,000. Dynamic Advisor Solutions LLC lifted its position in VanEck Gold Miners ETF by 50.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 28,000 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 9,450 shares during the last quarter. Brookstone Capital Management boosted its stake in VanEck Gold Miners ETF by 26.5% in the fourth quarter. Brookstone Capital Management now owns 19,171 shares of the exchange traded fund’s stock valued at $594,000 after acquiring an additional 4,015 shares in the last quarter. Register Financial Advisors LLC grew its holdings in VanEck Gold Miners ETF by 58.5% in the fourth quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 626 shares during the last quarter. Finally, TB Alternative Assets Ltd. purchased a new position in VanEck Gold Miners ETF in the fourth quarter worth $7,309,000.

VanEck Gold Miners ETF Trading Down 1.3 %

Shares of GDX traded down $0.48 during midday trading on Friday, hitting $37.39. 22,858,610 shares of the company’s stock traded hands, compared to its average volume of 24,082,922. The stock has a market capitalization of $14.95 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $39.41. The firm’s fifty day moving average is $35.37 and its 200-day moving average is $31.96.

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.