VanEck Gold Miners ETF $GDX Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 221.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,243 shares of the exchange traded fund’s stock after acquiring an additional 14,630 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in VanEck Gold Miners ETF were worth $1,623,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Hoey Investments Inc. boosted its stake in VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. Creekmur Asset Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 147.2% in the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 362 shares in the last quarter. RMG Wealth Management LLC acquired a new position in VanEck Gold Miners ETF during the second quarter worth about $34,000. First Command Advisory Services Inc. purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at about $35,000. Finally, Assetmark Inc. grew its stake in VanEck Gold Miners ETF by 183.0% during the 2nd quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 626 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $87.79 on Friday. The firm has a market capitalization of $26.36 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The company’s 50 day simple moving average is $77.99 and its two-hundred day simple moving average is $66.25. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $88.69.

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.