Ausdal Financial Partners Inc. Purchases 6,009 Shares of VanEck Gold Miners ETF $GDX

Ausdal Financial Partners Inc. boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 34.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,650 shares of the exchange traded fund’s stock after acquiring an additional 6,009 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in VanEck Gold Miners ETF were worth $1,807,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Rafferty Asset Management LLC increased its position in shares of VanEck Gold Miners ETF by 30.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after purchasing an additional 1,503,884 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Gold Miners ETF by 766.7% in the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after buying an additional 4,574,598 shares during the last quarter. Slate Path Capital LP purchased a new position in shares of VanEck Gold Miners ETF in the second quarter worth approximately $123,070,000. Pureheart Capital Pte Ltd. grew its position in VanEck Gold Miners ETF by 1.4% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock valued at $69,708,000 after buying an additional 19,000 shares during the period. Finally, Ameriprise Financial Inc. grew its position in VanEck Gold Miners ETF by 2.4% during the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after buying an additional 25,688 shares during the period.

VanEck Gold Miners ETF Trading Down 6.1%

Shares of GDX stock opened at $93.26 on Monday. VanEck Gold Miners ETF has a 12 month low of $40.26 and a 12 month high of $117.18. The stock has a market cap of $28.46 billion, a P/E ratio of 21.70 and a beta of 0.55. The company has a 50 day simple moving average of $101.75 and a two-hundred day simple moving average of $85.54.

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.