Beverly Hills Private Wealth LLC Purchases 5,245 Shares of VanEck Gold Miners ETF $GDX

Beverly Hills Private Wealth LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 60,307 shares of the exchange traded fund’s stock after buying an additional 5,245 shares during the period. VanEck Gold Miners ETF accounts for approximately 0.8% of Beverly Hills Private Wealth LLC’s holdings, making the stock its 26th biggest position. Beverly Hills Private Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $4,607,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clear Creek Financial Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 3.0% in the third quarter. Clear Creek Financial Management LLC now owns 13,545 shares of the exchange traded fund’s stock worth $1,035,000 after acquiring an additional 397 shares during the period. Wealth Alliance LLC purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $333,000. Cumberland Partners Ltd purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $798,000. NewEdge Wealth LLC boosted its stake in VanEck Gold Miners ETF by 64.3% in the 3rd quarter. NewEdge Wealth LLC now owns 86,856 shares of the exchange traded fund’s stock worth $6,138,000 after purchasing an additional 34,003 shares during the period. Finally, Kraematon Investment Advisors Inc. grew its holdings in VanEck Gold Miners ETF by 10.6% during the 3rd quarter. Kraematon Investment Advisors Inc. now owns 26,397 shares of the exchange traded fund’s stock valued at $2,017,000 after buying an additional 2,528 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $104.24 on Friday. VanEck Gold Miners ETF has a 1 year low of $38.58 and a 1 year high of $113.50. The firm’s 50 day moving average price is $95.71 and its 200-day moving average price is $79.86. The stock has a market cap of $31.81 billion, a P/E ratio of 21.70 and a beta of 0.55.

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.