VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by 180 Wealth Advisors LLC

180 Wealth Advisors LLC raised its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,243 shares of the exchange traded fund’s stock after purchasing an additional 3,890 shares during the period. 180 Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $3,331,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GDX. CWM LLC raised its position in shares of VanEck Gold Miners ETF by 55.8% in the third quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after buying an additional 6,694 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in VanEck Gold Miners ETF in the 3rd quarter valued at $438,000. SMART Wealth LLC boosted its holdings in shares of VanEck Gold Miners ETF by 2.0% during the third quarter. SMART Wealth LLC now owns 28,658 shares of the exchange traded fund’s stock worth $1,141,000 after purchasing an additional 572 shares during the last quarter. Verus Capital Partners LLC increased its stake in VanEck Gold Miners ETF by 2.0% in the third quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock valued at $770,000 after purchasing an additional 382 shares during the last quarter. Finally, Magnus Financial Group LLC lifted its position in VanEck Gold Miners ETF by 22.0% during the third quarter. Magnus Financial Group LLC now owns 12,342 shares of the exchange traded fund’s stock worth $491,000 after buying an additional 2,225 shares during the period.

VanEck Gold Miners ETF Trading Down 1.6 %

Shares of NYSEARCA:GDX opened at $35.38 on Tuesday. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The stock’s 50-day moving average price is $36.43 and its two-hundred day moving average price is $37.85. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.