38,926 Shares in VanEck Gold Miners ETF $GDX Bought by Park Edge Advisors LLC

Park Edge Advisors LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,926 shares of the exchange traded fund’s stock, valued at approximately $3,339,000. VanEck Gold Miners ETF accounts for 0.8% of Park Edge Advisors LLC’s investment portfolio, making the stock its 23rd largest position.

Several other large investors have also bought and sold shares of the stock. KFA Private Wealth Group LLC increased its stake in shares of VanEck Gold Miners ETF by 2.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $382,000 after buying an additional 117 shares during the period. Highline Wealth Partners LLC lifted its stake in shares of VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 135 shares during the period. Chemistry Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 1.0% in the third quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock valued at $1,063,000 after acquiring an additional 136 shares during the last quarter. LifeGoal Investments LLC boosted its holdings in VanEck Gold Miners ETF by 3.6% in the fourth quarter. LifeGoal Investments LLC now owns 4,765 shares of the exchange traded fund’s stock valued at $409,000 after acquiring an additional 164 shares during the last quarter. Finally, Sound Income Strategies LLC increased its position in VanEck Gold Miners ETF by 1.7% during the 3rd quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock valued at $767,000 after purchasing an additional 169 shares during the period.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $94.59 on Friday. The firm has a market cap of $28.86 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $40.26 and a 52-week high of $117.18. The firm has a 50 day moving average price of $99.41 and a two-hundred day moving average price of $87.39.

VanEck Gold Miners ETF 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.