Latest news with #GDX
Yahoo
16-06-2025
- Business
- Yahoo
Gold Miner ETF (GDX) Hits New 52-Week High
For investors seeking momentum, VanEck Gold Miners ETF GDX is probably on the radar. The fund just hit a 52-week high and has moved up 65.8% from its 52-week low of $32.84 per share. Are more gains in store for this ETF? Let's take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: Market Vectors Gold Mining ETF offers exposure to companies involved in the gold mining industry. Canada firms make up 43.3% of the portfolio, while U.S. and Australia firms take the next spots with 16% and 11.7% share, respectively. GDX charges just 51 bps in fees and expenses (see: all the Materials ETFs here). The gold mining sector of the broad stock market has been an area to watch lately, given the rally in the metal's price. Escalating tensions between Israel and Iran raised the appeal for safe-haven demand. The yellow metal serves as a hedge against market turmoil and is often used as a means of preserving wealth during times of financial and political uncertainty, typically performing well when other asset classes struggle. GDX has a weighted alpha of 69.36 and a 20-day volatility of 30.84%, which shows that there is still some promise for investors who want to ride on this surging ETF. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report VanEck Gold Miners ETF (GDX): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
VanEck partnership with Casa de Bolsa Finamex enhances ETF liquidity and investor access in Mexico, and underscores VanEck's commitment to education, infrastructure and long-term growth in Latin America. NEW YORK & MEXICO CITY, June 16, 2025--(BUSINESS WIRE)--Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the firm's ongoing focus on education, infrastructure and long-term engagement with financial professionals and investors. Mexican investors have long sought greater access to global exposures—particularly U.S. and thematic strategies—but have faced challenges such as limited liquidity, wide spreads and inconsistent execution when investing through local exchanges. By partnering with Case de Bolsa Finamex, VanEck aims to improve the day-to-day trading experience, ensuring that its ETFs on the BMV are more accessible, transparent and efficient for all investors. The initial lineup of supported ETFs includes: VanEck Semiconductor ETF (SMH) – Exposure to the world's leading semiconductor companies driving innovation in AI, 5G, and automation. VanEck Gold Miners ETF (GDX) – Access to a diversified portfolio of global gold mining equities. VanEck Defense UCITS ETF (DFNS) – A European-domiciled ETF focused on the evolution of modern defense, cybersecurity, and data-driven systems. VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) – Targeting global dividend-paying companies with strong fundamentals and yield profiles. "Our goal is to create real, lasting value for investors in Mexico and across the region," said Jan van Eck, CEO of VanEck. "That means more than listing products. It requires removing friction, deepening liquidity and building investor confidence through education, partnerships and local expertise." The partnership with Finamex is part of VanEck's broader strategy to support the responsible growth of local capital markets across Latin America. By pairing global investment expertise with local liquidity solutions, financial education and market-specific support, VanEck is deepening its role as a long-term resource for investors, advisors and institutions across the region. To learn more about VanEck's ETF offerings in Mexico, visit: About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm's drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of 4/30/2025, VanEck managed approximately $116.6 billion in assets, including mutual funds, ETFs and institutional accounts. The firm's capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck's passive strategies. Since our founding in 1955, putting our clients' interests first, in all market environments, has been at the heart of the firm's mission. Disclosures This content is intended for educational/informational purposes only. Please note that the availability of the products mentioned may vary by country, and it is recommended to check with your local stock exchange. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees. UCITS Disclosures The information contained in this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of any UCITS fund, to any person in the United States or any U.S. person as defined under Regulation S of the Securities Act of 1933, as amended. The UCITS funds referenced herein are not registered under the U.S. Investment Company Act of 1940 and their shares are not registered under the U.S. Securities Act of 1933. These funds are not offered or sold to U.S. persons and are intended exclusively for non-U.S. residents investing through U.S.-based offshore accounts or platforms, in accordance with applicable regulations. Investing in UCITS funds involves risk, including possible loss of capital. Financial professionals are encouraged to ensure that any offering is made in compliance with the laws and regulations of the relevant jurisdiction(s). Investors should consult their financial and legal advisors to determine whether an investment is suitable for their circumstances. It is the responsibility of the offshore desk to ensure compliance with all applicable laws and regulations. The UCITS provider assumes no liability for non-compliant transactions executed by the offshore desk. General VanEck ETF and Mutual Fund Risks The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund's specific risks. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation666 Third Avenue, New York, NY 10017Phone: 800.826.2333Email: info@ View source version on Contacts Media Contact Chris SullivanCraft & Capitalchris@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
16-06-2025
- Business
- Business Wire
VanEck Partners with Casa de Bolsa Finamex to Strengthen ETF Access in Mexico
NEW YORK & MEXICO CITY--(BUSINESS WIRE)--Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the firm's ongoing focus on education, infrastructure and long-term engagement with financial professionals and investors. Mexican investors have long sought greater access to global exposures—particularly U.S. and thematic strategies—but have faced challenges such as limited liquidity, wide spreads and inconsistent execution when investing through local exchanges. By partnering with Case de Bolsa Finamex, VanEck aims to improve the day-to-day trading experience, ensuring that its ETFs on the BMV are more accessible, transparent and efficient for all investors. The initial lineup of supported ETFs includes: VanEck Semiconductor ETF (SMH) – Exposure to the world's leading semiconductor companies driving innovation in AI, 5G, and automation. VanEck Gold Miners ETF (GDX) – Access to a diversified portfolio of global gold mining equities. VanEck Defense UCITS ETF (DFNS) – A European-domiciled ETF focused on the evolution of modern defense, cybersecurity, and data-driven systems. VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) – Targeting global dividend-paying companies with strong fundamentals and yield profiles. 'Our goal is to create real, lasting value for investors in Mexico and across the region,' said Jan van Eck, CEO of VanEck. 'That means more than listing products. It requires removing friction, deepening liquidity and building investor confidence through education, partnerships and local expertise.' The partnership with Finamex is part of VanEck's broader strategy to support the responsible growth of local capital markets across Latin America. By pairing global investment expertise with local liquidity solutions, financial education and market-specific support, VanEck is deepening its role as a long-term resource for investors, advisors and institutions across the region. To learn more about VanEck's ETF offerings in Mexico, visit: About VanEck VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm's drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry. Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of 4/30/2025, VanEck managed approximately $116.6 billion in assets, including mutual funds, ETFs and institutional accounts. The firm's capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck's passive strategies. Since our founding in 1955, putting our clients' interests first, in all market environments, has been at the heart of the firm's mission. Disclosures This content is intended for educational/informational purposes only. Please note that the availability of the products mentioned may vary by country, and it is recommended to check with your local stock exchange. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned is unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees. UCITS Disclosures The information contained in this communication is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, including shares of any UCITS fund, to any person in the United States or any U.S. person as defined under Regulation S of the Securities Act of 1933, as amended. The UCITS funds referenced herein are not registered under the U.S. Investment Company Act of 1940 and their shares are not registered under the U.S. Securities Act of 1933. These funds are not offered or sold to U.S. persons and are intended exclusively for non-U.S. residents investing through U.S.-based offshore accounts or platforms, in accordance with applicable regulations. Investing in UCITS funds involves risk, including possible loss of capital. Financial professionals are encouraged to ensure that any offering is made in compliance with the laws and regulations of the relevant jurisdiction(s). Investors should consult their financial and legal advisors to determine whether an investment is suitable for their circumstances. It is the responsibility of the offshore desk to ensure compliance with all applicable laws and regulations. The UCITS provider assumes no liability for non-compliant transactions executed by the offshore desk. General VanEck ETF and Mutual Fund Risks The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund's specific risks. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation 666 Third Avenue, New York, NY 10017 Phone: 800.826.2333 Email:
CNBC
13-06-2025
- Business
- CNBC
Stocks making the biggest moves midday: Circle, Visa, Carnival, Halliburton, Adobe and more
Check out the companies making headlines in midday trading. Oil stocks — Energy stocks climbed amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron and Exxon Mobil were both up around 1% each, but off their highs of the day. Oil services stock Halliburton gained more than 4%, while EOG Resources rose more than 3%. Payment stocks – Shares of payments companies dropped after the Wall Street Journal reported Walmart and Amazon are considering issuing their own stablecoins in the U.S., which could overtake a high volume of transactions that are usually fulfilled using cash or credit cards, and save the companies billions in fees. Visa and Mastercard fell more than 5% each, while American Express lost 2% and Capital One retreated 1%. PayPal lost 4% and Block was lower by 2%. Circle — The issuer of USDC continued to rise following its successful IPO last week and after Shopify said Thursday it would enable payments in the stablecoin available for merchants on its payments platform. Circle shares jumped more than 12%. Shopify shares were down 2%. Gold stocks — Stocks tied to gold advanced as investors flocked to the perceived safe haven amid the geopolitical escalation. Newmont and SSR Mining both rose more than 2%, as did the VanEck Gold Miners ETF (GDX) . Defense stocks — Weapons manufacturers rose amid elevated geopolitical risk following Israel's attack on Iran. RTX and Northrop Grumman both surged about 3%, Lockheed Martin gained 3% as well and L3Harris Technologies added 2%. Cruise lines and airlines — Travel companies slid as investors worried that heightened risk would deter vacationers and spikes in oil prices would hurt profit. Carnival fell more than 4%, Norwegian Cruise Line and Royal Caribbean Cruises dropped about 2% each. United Airlines weakened more than 2% while Delta Air Lines and American Airlines each declined more than 3%. Southwest Airlines shed about 1%. Hotel stocks — Hotel and resort stocks declined as traders weighed the outlook for diminished travel demand following Israel's strike on Iran. Hilton Worldwide , InterContinental Hotels Group and Marriott were all off about 1%. RH — The home furnishings retailer jumped 12% after a better-than-expected fiscal first-quarter. RH earned 13 cents per share, excluding items, while analysts surveyed by LSEG expected a loss of 9 cents per share. Revenue, however, trailed Street estimates. RH shares were down more than 50% year to date ahead of the report. DraftKings — Shares of the sports betting app lost nearly 2% after imposing a 50-cent transaction fee in Illinois starting in September after state lawmakers passed a budget including what one analyst described as a surprise increase in an online gambling tax . Adobe — Shares fell more than 5% despite the software company posting better-than-expected second-quarter earnings and raising its full-year forecast. StreetAccount said there was a "slight deceleration in Subscription and cRPO growth rates [and] implied Q4 growth outlook." — CNBC's Alex Harring, Yun Li, Jesse Pound, Sean Conlon and Brian Evans contributed reporting
CNBC
13-06-2025
- Business
- CNBC
Stocks making the biggest moves premarket: Chevron, United Airlines, Northrop Grumman, RH and more
Check out the companies making headlines in premarket trading. Oil stocks — Energy stocks climbed in premarket trading amid a jump in oil prices after Israel launched airstrikes against Iran without U.S. support, drawing concerns over the supply outlook from the oil-rich Persian Gulf. Chevron rallied nearly 3%, while ConocoPhillips gained more than 4%. EOG Resources jumped more than 3%. Gold stocks — Stocks tied to gold advanced as investors flocked to the perceived safe haven amid the geopolitical escalation. Newmont and SSR Mining both rose more than 1%, as did the VanEck Gold Miners ETF (GDX) . Defense stocks — Weapons manufacturers rose amid elevated geopolitical risk following Israel's attack on Iran. RTX and Northrop Grumman both surged more than 4%, Lockheed Martin gained 3.5% and L3Harris Technologies added 2.2%. Cruise lines and airlines — Travel companies slid as investors worried that heightened risk would deter vacationers and spikes in oil prices would hurt profit. Carnival fell more than 4%, Norwegian Cruise Line and Royal Caribbean Cruises dropped more than 3% each. United Airlines weakened more than 5% while Delta Air Lines and American Airlines each declined more than 4%. Southwest Airlines shed more than 2%. Hotel stocks — Hotel and resort stocks declined as traders weighed the outlook for diminished travel demand following Israel's strike on Iran. Hilton Worldwide and InterContinental Hotels Group slipped more than 2% apiece, while Marriott pulled back nearly 2%. RH — The home furnishings retailer jumped 19% after posting a surprise adjusted profit in its fiscal first-quarter. RH earned an adjusted 13 cents per share, while analysts surveyed by LSEG expected a loss of 9 cents per share. Net income of $8 million reversed a year-earlier loss of $3.6 million, but revenue trailed Street estimates. RH shares were down more than 50% year to date ahead of the report. DraftKings — Shares of the sports betting app lost nearly 3% after imposing a 50-cent transaction fee in Illinois starting in September after state lawmakers passed a budget including what one analyst described as a surprise increase in an online gambling tax . Adobe — Shares fell more than 3% after the graphic design software company posted better-than-expected second-quarter earnings. StreetAccount cited concern over a "slight deceleration in Subscription and cRPO growth rates [and] implied Q4 growth outlook." In the latest quarter, Adobe earned an adjusted $5.06 per share on $5.87 billion in revenue, above the $4.96 per share and $5.79 billion in revenue analysts surveyed by LSEG were expecting. Adobe also lifted its full-year guidance. GE Vernova — The turbine manufacturer slipped nearly 3% on the heels of a downgrade to peer perform from outperform at Wolfe Research. Analyst Nigel Coe cited concern over GE Vernova's "challenging valuation" after a more than 48% gain for the stock in 2025. — CNBC's Yun Li, Jesse Pound, Sean Conlon and Brian Evans contributed reporting
