VanEck Gold Miners ETF $GDX Shares Bought by Comprehensive Wealth Management LLC

Comprehensive Wealth Management LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 201.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 79,754 shares of the exchange traded fund’s stock after buying an additional 53,295 shares during the period. VanEck Gold Miners ETF accounts for approximately 4.0% of Comprehensive Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Comprehensive Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $6,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GDX. M&T Bank Corp increased its position in shares of VanEck Gold Miners ETF by 7,491.6% in the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after acquiring an additional 1,998,748 shares during the last quarter. Rafferty Asset Management LLC increased its position in shares of VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after acquiring an additional 1,503,884 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at about $70,231,000. Invesco Ltd. acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at about $31,236,000. Finally, Rit Capital Partners PLC increased its position in shares of VanEck Gold Miners ETF by 74.7% in the fourth quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock valued at $102,679,000 after acquiring an additional 512,000 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $86.40 on Friday. The stock’s 50-day simple moving average is $91.46 and its 200 day simple moving average is $92.79. The company has a market cap of $26.62 billion, a P/E ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 52-week low of $50.32 and a 52-week high of $117.18.

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.