VanEck Gold Miners ETF $GDX Stock Holdings Boosted by Global Assets Advisory LLC

Global Assets Advisory LLC grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 159.9% during the 1st quarter, Holdings Channel reports. The firm owned 11,180 shares of the exchange traded fund’s stock after purchasing an additional 6,878 shares during the period. Global Assets Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $1,026,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GDX. Eukles Asset Management bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at about $27,000. Bayban acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $27,000. Princeton Global Asset Management LLC bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $27,000. Evolution Wealth Management Inc. acquired a new stake in VanEck Gold Miners ETF during the first quarter valued at approximately $33,000. Finally, Morton Brown Family Wealth LLC bought a new stake in VanEck Gold Miners ETF during the fourth quarter worth approximately $36,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX traded down $0.25 on Friday, reaching $75.53. 8,130,717 shares of the company traded hands, compared to its average volume of 25,875,484. The stock has a market capitalization of $23.04 billion, a PE ratio of 21.70 and a beta of 0.65. The company’s 50 day moving average is $83.45 and its 200-day moving average is $92.20. VanEck Gold Miners ETF has a fifty-two week low of $50.44 and a fifty-two week high of $117.18.

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.