Money Concepts Capital Corp Buys New Holdings in VanEck Gold Miners ETF $GDX

Money Concepts Capital Corp purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 96,771 shares of the exchange traded fund’s stock, valued at approximately $8,497,000.

Several other large investors have also made changes to their positions in GDX. Avalon Trust Co bought a new stake in VanEck Gold Miners ETF during the first quarter worth $26,000. Hickory Point Bank & Trust acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $30,000. Signature Equity Partners LLC bought a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $33,000. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $53,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at $67,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $81.84 on Friday. VanEck Gold Miners ETF has a 52 week low of $69.74 and a 52 week high of $117.18. The stock has a market capitalization of $25.33 billion, a P/E ratio of 13.65 and a beta of 0.70. The stock has a fifty day moving average of $88.66 and a 200-day moving average of $89.96.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.