Rothschild Wealth LLC Purchases New Position in VanEck Gold Miners ETF $GDX

Rothschild Wealth LLC purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 47,389 shares of the exchange traded fund’s stock, valued at approximately $4,065,000.

A number of other institutional investors also recently modified their holdings of the business. Constant Guidance Financial LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $1,433,000. Advisory Alpha LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $455,000. Vestmark Advisory Solutions Inc. purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $3,649,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $848,000. Finally, Redhawk Wealth Advisors Inc. lifted its stake in VanEck Gold Miners ETF by 1,433.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 94,010 shares of the exchange traded fund’s stock worth $8,063,000 after purchasing an additional 87,880 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $87.24 on Wednesday. VanEck Gold Miners ETF has a 1 year low of $50.32 and a 1 year high of $117.18. The stock has a market capitalization of $26.88 billion, a PE ratio of 21.70 and a beta of 0.60. The company’s 50 day simple moving average is $89.90 and its two-hundred day simple moving average is $92.99.

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.