VanEck Gold Miners ETF $GDX Shares Purchased by Fourpath Capital Management LLC

Fourpath Capital Management LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 137,752 shares of the exchange traded fund’s stock after buying an additional 2,195 shares during the quarter. VanEck Gold Miners ETF accounts for about 1.1% of Fourpath Capital Management LLC’s investment portfolio, making the stock its 21st largest position. Fourpath Capital Management LLC’s holdings in VanEck Gold Miners ETF were worth $7,171,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in GDX. Hoey Investments Inc. grew its position in VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares in the last quarter. LaSalle St. Investment Advisors LLC grew its position in VanEck Gold Miners ETF by 0.5% during the 1st quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 219 shares in the last quarter. CreativeOne Wealth LLC grew its position in VanEck Gold Miners ETF by 2.0% during the 1st quarter. CreativeOne Wealth LLC now owns 11,428 shares of the exchange traded fund’s stock worth $525,000 after purchasing an additional 225 shares in the last quarter. Apella Capital LLC grew its position in VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Apella Capital LLC now owns 6,648 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 235 shares in the last quarter. Finally, ORG Partners LLC grew its position in VanEck Gold Miners ETF by 32.9% during the 1st quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 250 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $75.61 on Friday. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $79.49. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The firm’s 50 day moving average price is $66.11 and its two-hundred day moving average price is $55.56.

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.