Turim 21 Investimentos Ltda. Buys Shares of 10,614 VanEck Gold Miners ETF (NYSEARCA:GDX)

Turim 21 Investimentos Ltda. acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,614 shares of the exchange traded fund’s stock, valued at approximately $360,000. VanEck Gold Miners ETF comprises approximately 0.1% of Turim 21 Investimentos Ltda.’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morton Capital Management LLC CA lifted 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 acquiring an additional 287 shares in the last quarter. Mather Group LLC. grew its holdings in shares of VanEck Gold Miners ETF by 21.3% in the second quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 288 shares in the last quarter. Cedar Wealth Management LLC increased its stake in VanEck Gold Miners ETF by 63.4% during the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the period. IAM Advisory LLC boosted its position in VanEck Gold Miners ETF by 0.7% in the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock valued at $1,655,000 after buying an additional 341 shares during the period. Finally, Foundations Investment Advisors LLC grew its stake in shares of VanEck Gold Miners ETF by 3.7% in the second quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 366 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 2.0 %

Shares of NYSEARCA GDX opened at $40.51 on Monday. The business’s fifty day simple moving average is $37.84 and its 200-day simple moving average is $35.16. VanEck Gold Miners ETF has a 12-month low of $25.62 and a 12-month high of $40.99. The stock has a market cap of $16.19 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.