Americana Partners LLC Acquires 7,242 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Americana Partners LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 93.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,952 shares of the exchange traded fund’s stock after acquiring an additional 7,242 shares during the quarter. Americana Partners LLC’s holdings in VanEck Gold Miners ETF were worth $595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Beacon Capital Management LLC raised its position in VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Wealth Management LLC lifted its position in VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the last quarter. LRI Investments LLC bought a new stake in VanEck Gold Miners ETF in the 1st quarter worth approximately $31,000. Eagle Bay Advisors LLC boosted its stake in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 575 shares in the last quarter. Finally, Studio Investment Management LLC grew its position in VanEck Gold Miners ETF by 51.4% during the second quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $39.87 on Friday. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The company has a market capitalization of $15.94 billion, a PE ratio of 28.03 and a beta of 0.85. The company’s 50 day moving average price is $39.95 and its two-hundred day moving average price is $37.09.

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.