Professional Financial Advisors LLC Has $935,000 Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Professional Financial Advisors LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,000 shares of the exchange traded fund’s stock after acquiring an additional 769 shares during the quarter. Professional Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $935,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Trust N.A. lifted its holdings in shares of VanEck Gold Miners ETF by 7.5% in the first quarter. Raymond James Trust N.A. now owns 12,539 shares of the exchange traded fund’s stock worth $481,000 after acquiring an additional 875 shares during the last quarter. Allianz Asset Management GmbH bought a new position in shares of VanEck Gold Miners ETF in the first quarter worth about $59,000. Covestor Ltd lifted its holdings in shares of VanEck Gold Miners ETF by 21,728.6% in the first quarter. Covestor Ltd now owns 1,528 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 1,521 shares during the last quarter. Mather Group LLC. bought a new position in shares of VanEck Gold Miners ETF in the first quarter worth about $591,000. Finally, NewEdge Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 277.7% in the first quarter. NewEdge Advisors LLC now owns 115,063 shares of the exchange traded fund’s stock valued at $4,414,000 after buying an additional 84,596 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock traded up $0.52 on Thursday, hitting $31.48. The stock had a trading volume of 10,164,991 shares, compared to its average volume of 24,183,141. The stock has a 50 day moving average of $28.13 and a 200 day moving average of $28.83. VanEck Gold Miners ETF has a twelve month low of $25.62 and a twelve month high of $36.26. The firm has a market capitalization of $12.61 billion, a P/E ratio of 15.72 and a beta of 0.77.

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.