Everest Financial Group LLC Makes New $1.47 Million Investment in VanEck Gold Miners ETF $GDX

Everest Financial Group LLC purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 16,745 shares of the exchange traded fund’s stock, valued at approximately $1,470,000.

Several other institutional investors have also added to or reduced their stakes in the company. Werba Rubin Papier Wealth Management increased its position in shares of VanEck Gold Miners ETF by 3.6% in the third quarter. Werba Rubin Papier Wealth Management now owns 10,667 shares of the exchange traded fund’s stock valued at $937,000 after acquiring an additional 367 shares during the period. IvyRock Asset Management HK Ltd bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $220,000. CENTRAL TRUST Co bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $2,270,000. Fifth Third Bancorp boosted its holdings in shares of VanEck Gold Miners ETF by 2.7% during the third quarter. Fifth Third Bancorp now owns 109,309 shares of the exchange traded fund’s stock worth $9,597,000 after purchasing an additional 2,833 shares during the period. Finally, CVS HEALTH Corp purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth about $439,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $81.84 on Friday. VanEck Gold Miners ETF has a 1 year low of $69.74 and a 1 year high of $117.18. The company has a market cap of $25.33 billion, a PE ratio of 13.65 and a beta of 0.70. The stock’s 50-day moving average is $88.66 and its 200 day moving average is $89.96.

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.