U.S. Capital Wealth Advisors LLC Grows Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

U.S. Capital Wealth Advisors LLC lifted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 221,194 shares of the exchange traded fund’s stock after purchasing an additional 42,053 shares during the period. U.S. Capital Wealth Advisors LLC owned about 0.06% of VanEck Gold Miners ETF worth $6,859,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Theory Financial LLC lifted its holdings in shares of VanEck Gold Miners ETF by 20.4% in the 3rd quarter. Theory Financial LLC now owns 122,839 shares of the exchange traded fund’s stock valued at $3,306,000 after purchasing an additional 20,837 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $33,675,000. Capital Investment Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 14.3% in the 4th quarter. Capital Investment Advisors LLC now owns 12,661 shares of the exchange traded fund’s stock valued at $393,000 after purchasing an additional 1,584 shares during the last quarter. Chevy Chase Trust Holdings LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $13,822,000. Finally, Hudson Bay Capital Management LP lifted its holdings in shares of VanEck Gold Miners ETF by 29.0% in the 3rd quarter. Hudson Bay Capital Management LP now owns 32,250 shares of the exchange traded fund’s stock valued at $868,000 after purchasing an additional 7,250 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 0.4 %

Shares of VanEck Gold Miners ETF stock traded down $0.14 on Friday, hitting $33.44. The stock had a trading volume of 23,408,094 shares, compared to its average volume of 26,269,031. The stock has a market cap of $13.37 billion, a price-to-earnings 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 $36.26. The company’s 50 day moving average price is $31.35 and its 200 day moving average price is $29.82.

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.