CoreCap Advisors LLC Has $3.08 Million Holdings in VanEck Gold Miners ETF $GDX

CoreCap Advisors LLC boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3,654.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,247 shares of the exchange traded fund’s stock after buying an additional 39,175 shares during the quarter. CoreCap Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $3,075,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Highline Wealth Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares in the last quarter. Hoey Investments Inc. increased its position in VanEck Gold Miners ETF by 71.0% in 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 during the last quarter. Tradewinds Capital Management LLC raised its stake in shares of VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares in the last quarter. Creekmur Asset Management LLC lifted its holdings in shares of 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 valued at $32,000 after buying an additional 362 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $34,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $91.06 on Thursday. The company has a market capitalization of $27.31 billion, a P/E ratio of 21.70 and a beta of 0.55. The stock’s 50 day moving average price is $81.31 and its 200 day moving average price is $69.60. VanEck Gold Miners ETF has a 52 week low of $35.10 and a 52 week high of $92.21.

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.