Kiker Wealth Management LLC Purchases New Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kiker Wealth Management LLC purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 13,954 shares of the exchange traded fund’s stock, valued at approximately $473,000.

Other institutional investors also recently bought and sold shares of the company. Atomi Financial Group Inc. raised its position in VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in VanEck Gold Miners ETF by 12.8% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after acquiring an additional 1,301 shares in the last quarter. Tandem Financial LLC purchased a new position in VanEck Gold Miners ETF during the fourth quarter valued at approximately $7,621,000. Van ECK Associates Corp raised its position in VanEck Gold Miners ETF by 22.6% during the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock valued at $1,327,000 after acquiring an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of VanEck Gold Miners ETF by 26.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock valued at $1,385,000 after buying an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $45.16 on Friday. The stock has a market capitalization of $14.97 billion, a PE ratio of 20.34 and a beta of 0.95. VanEck Gold Miners ETF has a 12 month low of $29.59 and a 12 month high of $45.65. The business has a 50 day simple moving average of $40.25 and a 200-day simple moving average of $38.93.

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.