Stratos Wealth Partners LTD. boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 17.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,121 shares of the exchange traded fund’s stock after buying an additional 14,451 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck Gold Miners ETF were worth $8,330,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of GDX. Constant Guidance Financial LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at $1,433,000. Tradewinds LLC. purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $1,568,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in VanEck Gold Miners ETF during the 3rd quarter worth about $848,000. EverSource Wealth Advisors LLC lifted its stake in VanEck Gold Miners ETF by 15.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 35,422 shares of the exchange traded fund’s stock worth $2,706,000 after acquiring an additional 4,778 shares in the last quarter. Finally, Advisory Alpha LLC purchased a new position in VanEck Gold Miners ETF during the 3rd quarter valued at about $455,000.
VanEck Gold Miners ETF Price Performance
NYSEARCA GDX opened at $94.59 on Friday. The company has a market cap of $29.12 billion, a P/E ratio of 21.70 and a beta of 0.55. The stock has a 50-day moving average of $99.17 and a two-hundred day moving average of $87.69. VanEck Gold Miners ETF has a 1-year low of $40.26 and a 1-year high of $117.18.
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.
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