B. Riley Wealth Advisors Inc. Purchases New Holdings in VanEck Gold Miners ETF $GDX

B. Riley Wealth Advisors Inc. acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 17,055 shares of the exchange traded fund’s stock, valued at approximately $888,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Hoey Investments Inc. increased its position in shares of VanEck Gold Miners ETF by 71.0% during the second 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. Creekmur Asset Management LLC boosted its stake in VanEck Gold Miners ETF by 147.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 362 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at about $34,000. First Command Advisory Services Inc. purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at about $35,000. Finally, Assetmark Inc. raised its holdings in VanEck Gold Miners ETF by 183.0% in the 2nd quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 626 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $84.85 on Tuesday. The business’s 50 day moving average price is $77.26 and its 200 day moving average price is $65.49. The company has a market cap of $25.48 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $88.50.

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.