Bulltick Wealth Management LLC Invests $251,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

Bulltick Wealth Management LLC purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,397 shares of the exchange traded fund’s stock, valued at approximately $251,000.

A number of other institutional investors have also made changes to their positions in the stock. Morton Capital Management LLC CA grew its stake in VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after buying an additional 287 shares during the last quarter. Mather Group LLC. increased its holdings in shares of VanEck Gold Miners ETF by 21.3% in the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 288 shares during the period. Cedar Wealth Management LLC raised its position in VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares during the last quarter. IAM Advisory LLC boosted its stake in VanEck Gold Miners ETF by 0.7% during the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after purchasing an additional 341 shares during the period. Finally, Foundations Investment Advisors LLC grew its position in VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock worth $344,000 after purchasing an additional 366 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.0 %

NYSEARCA GDX opened at $40.51 on Friday. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $40.99. The business’s 50-day moving average price is $37.84 and its 200 day moving average price is $35.07. The firm has a market cap of $16.19 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.