VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. lifted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 242,010 shares of the exchange traded fund’s stock after buying an additional 3,559 shares during the period. VanEck Gold Miners ETF makes up 1.1% of Pekin Hardy Strauss Inc.’s holdings, making the stock its 17th largest position. Pekin Hardy Strauss Inc.’s holdings in VanEck Gold Miners ETF were worth $7,505,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth approximately $26,000. Union Savings Bank acquired a new position in VanEck Gold Miners ETF in the 3rd quarter worth about $38,000. Register Financial Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 58.5% during the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 626 shares in the last quarter. VisionPoint Advisory Group LLC lifted its holdings in shares of VanEck Gold Miners ETF by 34.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 511 shares during the last quarter. Finally, Oakworth Capital Inc. acquired a new position in VanEck Gold Miners ETF in the fourth quarter worth approximately $69,000.

VanEck Gold Miners ETF Trading Down 4.7 %

NYSEARCA GDX traded down $1.64 during trading on Tuesday, reaching $33.13. The company’s stock had a trading volume of 40,771,315 shares, compared to its average volume of 26,294,943. The business has a 50-day moving average price of $30.81 and a 200-day moving average price of $29.71. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The stock has a market capitalization of $13.85 billion, a PE ratio of 28.20 and a beta of 0.81.

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.