Ashton Thomas Private Wealth LLC Buys 112,750 Shares of VanEck Gold Miners ETF $GDX

Ashton Thomas Private Wealth LLC lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 437.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,521 shares of the exchange traded fund’s stock after purchasing an additional 112,750 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $7,211,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of GDX. Hurley Capital LLC purchased a new position in shares of VanEck Gold Miners ETF during the first quarter worth about $26,000. Hoey Investments Inc. grew its holdings in shares of VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of VanEck Gold Miners ETF during the second quarter worth about $34,000. NorthRock Partners LLC grew its holdings in shares of VanEck Gold Miners ETF by 69.1% during the first quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 380 shares in the last quarter. Finally, IMA Advisory Services Inc. purchased a new position in shares of VanEck Gold Miners ETF during the first quarter worth about $44,000.

VanEck Gold Miners ETF Trading Down 1.3%

Shares of NYSEARCA GDX opened at $72.80 on Monday. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $85.08. The firm has a market capitalization of $21.74 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The business has a 50-day moving average of $70.58 and a 200-day moving average of $58.27.

VanEck Gold Miners ETF 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.