Proficio Capital Partners LLC Has $72.71 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Proficio Capital Partners LLC increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1,116.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,144,108 shares of the exchange traded fund’s stock after purchasing an additional 1,967,832 shares during the period. Proficio Capital Partners LLC owned about 0.54% of VanEck Gold Miners ETF worth $72,707,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GDX. Pettinga Financial Advisors LLC boosted its stake in VanEck Gold Miners ETF by 1.5% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 45,322 shares of the exchange traded fund’s stock worth $1,805,000 after purchasing an additional 675 shares during the period. IMC Chicago LLC boosted its stake in shares of VanEck Gold Miners ETF by 110.2% during the 3rd quarter. IMC Chicago LLC now owns 194,057 shares of the exchange traded fund’s stock valued at $7,727,000 after buying an additional 101,716 shares during the period. Summit Wealth Partners LLC grew its holdings 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 valued at $343,000 after acquiring an additional 298 shares in the last quarter. Focus Financial Network Inc. grew its holdings in shares of VanEck Gold Miners ETF by 20.1% during the 3rd quarter. Focus Financial Network Inc. now owns 9,427 shares of the exchange traded fund’s stock valued at $375,000 after acquiring an additional 1,580 shares in the last quarter. Finally, Americana Partners LLC grew its holdings in shares of VanEck Gold Miners ETF by 93.9% during the 3rd quarter. Americana Partners LLC now owns 14,952 shares of the exchange traded fund’s stock valued at $595,000 after acquiring an additional 7,242 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 3.4 %

VanEck Gold Miners ETF stock opened at $39.46 on Friday. The company’s fifty day simple moving average is $37.94 and its 200-day simple moving average is $38.53. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The stock has a market cap of $13.27 billion, a P/E ratio of 22.76 and a beta of 0.96.

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.