26,784 Shares of VanEck Gold Miners ETF $GDX Bought by Simplex Trading LLC

Simplex Trading LLC purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 26,784 shares of the exchange traded fund’s stock, valued at approximately $2,352,000.

Several other institutional investors also recently bought and sold shares of GDX. PCG Wealth Advisors LLC lifted its position in shares of VanEck Gold Miners ETF by 74.4% in the second quarter. PCG Wealth Advisors LLC now owns 75,559 shares of the exchange traded fund’s stock valued at $5,701,000 after acquiring an additional 32,230 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter worth approximately $934,000. Ameritas Advisory Services LLC increased its position in shares of VanEck Gold Miners ETF by 315.7% during the second quarter. Ameritas Advisory Services LLC now owns 19,205 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 14,585 shares in the last quarter. Angeles Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 171.4% during the second quarter. Angeles Wealth Management LLC now owns 9,500 shares of the exchange traded fund’s stock worth $717,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Rockland Trust Co. purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth approximately $515,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $91.46 on Tuesday. The business has a fifty day moving average price of $89.41 and a 200 day moving average price of $90.29. VanEck Gold Miners ETF has a one year low of $69.74 and a one year high of $117.18. The company has a market cap of $28.20 billion, a P/E ratio of 21.70 and a beta of 0.70.

VanEck Gold Miners ETF Profile

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.