Rational Advisors LLC Acquires New Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Rational Advisors LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 4,731 shares of the exchange traded fund’s stock, valued at approximately $161,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC grew its position in shares of VanEck Gold Miners ETF by 17.8% in the second quarter. Proficio Capital Partners LLC now owns 147,496 shares of the exchange traded fund’s stock valued at $5,005,000 after purchasing an additional 22,280 shares during the last quarter. Raymond James Trust N.A. lifted its stake in VanEck Gold Miners ETF by 8.0% in the 2nd quarter. Raymond James Trust N.A. now owns 13,427 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 1,000 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at $204,000. Aries Wealth Management increased its position in VanEck Gold Miners ETF by 1.6% during the second quarter. Aries Wealth Management now owns 45,842 shares of the exchange traded fund’s stock worth $1,555,000 after buying an additional 700 shares in the last quarter. Finally, Moody Lynn & Lieberson LLC acquired a new position in shares of VanEck Gold Miners ETF in the second quarter worth $2,187,000.

VanEck Gold Miners ETF Trading Down 0.3 %

Shares of NYSEARCA:GDX traded down $0.10 on Monday, hitting $39.24. The company had a trading volume of 9,210,641 shares, compared to its average volume of 23,088,758. The company has a market cap of $15.69 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $39.97. The business has a 50 day moving average of $36.42 and a 200 day moving average of $33.53.

VanEck Gold Miners ETF 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.