Janney Montgomery Scott LLC Has $15.15 Million Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Janney Montgomery Scott LLC increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380,461 shares of the exchange traded fund’s stock after buying an additional 28,829 shares during the period. Janney Montgomery Scott LLC owned 0.10% of VanEck Gold Miners ETF worth $15,150,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings 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 acquiring an additional 14,046,913 shares in the last quarter. Capitolis Liquid Global Markets LLC acquired a new position in VanEck Gold Miners ETF during the first quarter worth $104,346,000. National Bank of Canada FI raised its holdings in VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after buying an additional 1,842,885 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of 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 valued at $58,333,000 after buying an additional 1,673,315 shares in the last quarter. Finally, Blackstone Inc. acquired a new position in shares of VanEck Gold Miners ETF during the first quarter valued at about $41,106,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $40.12 on Wednesday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The firm has a market capitalization of $16.04 billion, a PE ratio of 28.03 and a beta of 0.85. The company’s 50-day moving average is $39.96 and its 200 day moving average is $37.18.

VanEck Gold Miners ETF Company 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.