Citizens Financial Group Inc. RI Invests $2.12 Million in VanEck Gold Miners ETF (NYSEARCA:GDX)

Citizens Financial Group Inc. RI acquired a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 68,355 shares of the exchange traded fund’s stock, valued at approximately $2,120,000.

Several other institutional investors and hedge funds have also recently modified their holdings of GDX. Union Savings Bank purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter valued at approximately $38,000. Register Financial Advisors LLC boosted its holdings in shares of 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 acquiring an additional 626 shares during the period. VisionPoint Advisory Group LLC boosted its holdings in shares of VanEck Gold Miners ETF by 34.1% in the third quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 511 shares during the period. Oakworth Capital Inc. bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth $69,000. Finally, Armor Investment Advisors LLC bought a new position in shares of VanEck Gold Miners ETF in the third quarter worth $84,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock traded up $0.25 during trading hours on Friday, reaching $34.58. The company had a trading volume of 21,754,268 shares, compared to its average volume of 26,221,467. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $36.26. The business has a fifty day simple moving average of $30.65 and a 200 day simple moving average of $29.64. The firm has a market cap of $14.46 billion, a PE ratio of 28.20 and a beta of 0.81.

About VanEck Gold Miners ETF

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.