VanEck Gold Miners ETF (NYSEARCA:GDX) Stake Boosted by PFG Investments LLC

PFG Investments LLC grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 93.0% during the 4th quarter, HoldingsChannel reports. The fund owned 27,678 shares of the exchange traded fund’s stock after acquiring an additional 13,337 shares during the period. PFG Investments LLC’s holdings in VanEck Gold Miners ETF were worth $939,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of GDX. Creative Planning grew its holdings in shares of VanEck Gold Miners ETF by 2.8% during the 2nd quarter. Creative Planning now owns 87,511 shares of the exchange traded fund’s stock valued at $2,969,000 after acquiring an additional 2,379 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck Gold Miners ETF by 31.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 162,935 shares of the exchange traded fund’s stock worth $5,528,000 after purchasing an additional 39,380 shares in the last quarter. Regal Investment Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 7.8% in the second quarter. Regal Investment Advisors LLC now owns 26,818 shares of the exchange traded fund’s stock worth $910,000 after purchasing an additional 1,945 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in VanEck Gold Miners ETF by 8.5% in the second quarter. B. Riley Wealth Advisors Inc. now owns 26,276 shares of the exchange traded fund’s stock worth $892,000 after purchasing an additional 2,061 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in VanEck Gold Miners ETF by 17.1% in the second quarter. Cetera Investment Advisers now owns 906,354 shares of the exchange traded fund’s stock worth $30,753,000 after purchasing an additional 132,172 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 0.9 %

Shares of NYSEARCA:GDX opened at $37.70 on Wednesday. The stock has a market capitalization of $15.07 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The firm has a fifty day moving average price of $36.37 and a 200 day moving average price of $37.96.

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.