Stratos Wealth Partners LTD. Buys 31,032 Shares of VanEck Gold Miners ETF $GDX

Stratos Wealth Partners LTD. increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 60.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,670 shares of the exchange traded fund’s stock after purchasing an additional 31,032 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck Gold Miners ETF were worth $6,316,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Rafferty Asset Management LLC boosted its position in shares of VanEck Gold Miners ETF by 30.0% during the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after buying an additional 1,503,884 shares during the period. JPMorgan Chase & Co. lifted its stake in VanEck Gold Miners ETF by 766.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock valued at $207,091,000 after acquiring an additional 4,574,598 shares in the last quarter. Slate Path Capital LP bought a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $123,070,000. Pureheart Capital Pte Ltd. boosted its position in VanEck Gold Miners ETF by 1.4% during the 2nd quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after acquiring an additional 19,000 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of VanEck Gold Miners ETF by 99.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock worth $67,990,000 after acquiring an additional 650,000 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 7.3%

NYSEARCA GDX opened at $98.28 on Friday. The firm’s 50 day moving average is $93.65 and its 200-day moving average is $78.10. The company has a market capitalization of $29.99 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $38.58 and a 12-month high of $113.50.

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.