VanEck Gold Miners ETF $GDX Shares Acquired by GK Wealth Management LLC

GK Wealth Management LLC increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,394 shares of the exchange traded fund’s stock after buying an additional 452 shares during the quarter. GK Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $385,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in GDX. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth about $26,000. Investors Research Corp boosted its stake in VanEck Gold Miners ETF by 57.3% during the 1st quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 251 shares during the period. EQ Wealth Advisors LLC acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at about $42,000. NorthRock Partners LLC grew its position in VanEck Gold Miners ETF by 69.1% in the 1st quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 380 shares during the last quarter. Finally, IMA Advisory Services Inc. acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Trading Down 0.0%

GDX opened at $69.75 on Monday. The business’s 50 day moving average is $57.79 and its 200-day moving average is $51.53. The stock has a market cap of $20.42 billion, a PE ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $70.11.

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.