5,706 Shares in VanEck Gold Miners ETF $GDX Purchased by Spectrum Planning & Advisory Services Inc.

Spectrum Planning & Advisory Services Inc. purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,706 shares of the exchange traded fund’s stock, valued at approximately $489,000.

Other large investors also recently bought and sold shares of the company. Eukles Asset Management purchased a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $27,000. Morton Brown Family Wealth LLC purchased a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $36,000. Hantz Financial Services Inc. increased its holdings in VanEck Gold Miners ETF by 298.2% during the 4th quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 337 shares during the period. Family Management Corp purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $38,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $56,000.

VanEck Gold Miners ETF Stock Performance

GDX opened at $88.05 on Wednesday. VanEck Gold Miners ETF has a one year low of $50.32 and a one year high of $117.18. The company has a market cap of $27.13 billion, a P/E ratio of 21.70 and a beta of 0.61. The business’s 50-day simple moving average is $91.21 and its 200-day simple moving average is $92.60.

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.