Kingsview Wealth Management LLC Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kingsview Wealth Management LLC boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.7% during the 4th quarter, Holdings Channel reports. The firm owned 30,420 shares of the exchange traded fund’s stock after acquiring an additional 6,220 shares during the quarter. Kingsview Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. CWM LLC lifted its stake in VanEck Gold Miners ETF by 55.8% during the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after acquiring an additional 6,694 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in VanEck Gold Miners ETF by 17.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 10,675 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 1,575 shares during the period. ORG Wealth Partners LLC acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at approximately $49,000. Creative Planning lifted its stake in VanEck Gold Miners ETF by 0.8% during the 3rd quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after acquiring an additional 711 shares during the period. Finally, Magnus Financial Group LLC lifted its stake in VanEck Gold Miners ETF by 22.0% during the 3rd quarter. Magnus Financial Group LLC now owns 12,342 shares of the exchange traded fund’s stock valued at $491,000 after acquiring an additional 2,225 shares during the period.

VanEck Gold Miners ETF Trading Down 1.2 %

Shares of NYSEARCA GDX opened at $41.44 on Wednesday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The company has a 50 day simple moving average of $36.91 and a two-hundred day simple moving average of $38.14. The stock has a market cap of $16.57 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF Company 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.