Copley Financial Group Inc. Purchases 10,769 Shares of VanEck Gold Miners ETF $GDX

Copley Financial Group Inc. raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 373.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,653 shares of the exchange traded fund’s stock after buying an additional 10,769 shares during the quarter. VanEck Gold Miners ETF comprises about 0.5% of Copley Financial Group Inc.’s investment portfolio, making the stock its 25th largest holding. Copley Financial Group Inc.’s holdings in VanEck Gold Miners ETF were worth $1,030,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Axiom Investment Management LLC acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $934,000. Sequent Planning LLC acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth $491,000. Rit Capital Partners PLC increased its position in shares of VanEck Gold Miners ETF by 74.7% during the fourth quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after purchasing an additional 512,000 shares in the last quarter. Keystone Investors PTE Ltd. purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $57,449,000. Finally, Money Concepts Capital Corp lifted its holdings in shares of VanEck Gold Miners ETF by 9.5% during the 4th quarter. Money Concepts Capital Corp now owns 88,658 shares of the exchange traded fund’s stock valued at $7,604,000 after purchasing an additional 7,725 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $101.49 on Friday. The stock has a market capitalization of $30.96 billion, a price-to-earnings ratio of 21.70 and a beta of 0.70. VanEck Gold Miners ETF has a 1-year low of $63.89 and a 1-year high of $117.18. The business has a fifty day moving average price of $84.00 and a 200-day moving average price of $89.33.

About VanEck Gold Miners ETF

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.