VanEck Gold Miners ETF (NYSEARCA:GDX) Holdings Lifted by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,830 shares of the exchange traded fund’s stock after buying an additional 1,170 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $584,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GDX. Headlands Technologies LLC purchased a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at $26,000. Union Savings Bank purchased a new position in shares of VanEck Gold Miners ETF during the third quarter valued at $38,000. Register Financial Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 58.5% during the fourth quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 626 shares in the last quarter. VisionPoint Advisory Group LLC grew its stake in VanEck Gold Miners ETF by 34.1% in the third quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 511 shares in the last quarter. Finally, Oakworth Capital Inc. purchased a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $69,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $34.77 on Tuesday. The business’s 50-day moving average price is $30.81 and its two-hundred day moving average price is $29.71. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $36.26. The company has a market capitalization of $14.54 billion, a P/E ratio of 28.20 and a beta of 0.81.

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.