VanEck Gold Miners ETF (NYSEARCA:GDX) Position Raised by EP Wealth Advisors LLC

EP Wealth Advisors LLC grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 65,089 shares of the exchange traded fund’s stock after purchasing an additional 4,435 shares during the quarter. EP Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,592,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of GDX. Beacon Capital Management LLC boosted its position in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Cedar Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 339 shares during the last quarter. Aptus Capital Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the period. Eagle Bay Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC boosted its position in shares of VanEck Gold Miners ETF by 51.4% in the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares during the period.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $36.82 on Monday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The firm’s 50 day simple moving average is $39.24 and its 200-day simple moving average is $37.66. The company has a market cap of $14.72 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.