Studio Investment Management LLC Purchases 629 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Studio Investment Management LLC lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 52.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,831 shares of the exchange traded fund’s stock after buying an additional 629 shares during the quarter. Studio Investment Management LLC’s holdings in VanEck Gold Miners ETF were worth $73,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Centennial Wealth Advisory LLC lifted its holdings in VanEck Gold Miners ETF by 2.7% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after buying an additional 267 shares during the period. Morton Capital Management LLC CA lifted its stake in VanEck Gold Miners ETF by 0.3% in the second quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock valued at $3,007,000 after buying an additional 287 shares during the period. Mather Group LLC. boosted its holdings in shares of VanEck Gold Miners ETF by 21.3% during the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 288 shares in the last quarter. Summit Wealth Partners LLC grew its position in shares of VanEck Gold Miners ETF by 3.6% during the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock worth $343,000 after buying an additional 298 shares during the period. Finally, Citizens National Bank Trust Department increased its stake in shares of VanEck Gold Miners ETF by 4.8% in the 3rd quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after acquiring an additional 308 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.3 %

Shares of NYSEARCA GDX opened at $38.27 on Friday. The firm has a market cap of $15.30 billion, a PE ratio of 28.03 and a beta of 0.85. The company’s fifty day simple moving average is $39.84 and its 200 day simple moving average is $37.51. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22.

VanEck Gold Miners ETF Company 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.