7,151 Shares of VanEck Gold Miners ETF $GDX Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,151 shares of the exchange traded fund’s stock, valued at approximately $628,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of GDX. WESPAC Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at about $266,000. apricus wealth LLC bought a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $255,000. CPR Investments Inc. bought a new position in VanEck Gold Miners ETF in the third quarter worth approximately $301,000. Westover Capital Advisors LLC purchased a new stake in VanEck Gold Miners ETF during the third quarter worth $1,720,000. Finally, Blume Capital Management Inc. purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $5,725,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $85.75 on Friday. The company has a market cap of $26.42 billion, a P/E ratio of 21.70 and a beta of 0.70. The stock’s 50-day moving average is $89.89 and its 200 day moving average is $90.41. VanEck Gold Miners ETF has a 1-year low of $69.74 and a 1-year high of $117.18.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.