9,734 Shares in VanEck Gold Miners ETF $GDX Purchased by WESPAC Advisors LLC

WESPAC Advisors LLC purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 9,734 shares of the exchange traded fund’s stock, valued at approximately $835,000.

A number of other institutional investors also recently bought and sold shares of GDX. Rafferty Asset Management LLC lifted its stake in VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after buying an additional 1,503,884 shares in the last quarter. Slate Path Capital LP purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter worth approximately $123,070,000. Pureheart Capital Pte Ltd. raised its holdings in shares of VanEck Gold Miners ETF by 1.4% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock valued at $69,708,000 after acquiring an additional 19,000 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of VanEck Gold Miners ETF by 2.4% in the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after acquiring an additional 25,688 shares in the last quarter. Finally, Ion Asset Management Ltd. lifted its position in shares of VanEck Gold Miners ETF by 0.5% in the second quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock valued at $50,965,000 after acquiring an additional 4,420 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $85.79 on Monday. VanEck Gold Miners ETF has a 1 year low of $40.26 and a 1 year high of $117.18. The firm has a market capitalization of $26.18 billion, a PE ratio of 21.70 and a beta of 0.55. The business’s 50 day moving average price is $100.18 and its 200-day moving average price is $87.01.

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.