Prospera Private Wealth LLC Purchases 42,617 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Prospera Private Wealth LLC boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 32.8% during the third quarter, Holdings Channel.com reports. The fund owned 172,529 shares of the exchange traded fund’s stock after acquiring an additional 42,617 shares during the period. VanEck Gold Miners ETF accounts for 1.3% of Prospera Private Wealth LLC’s holdings, making the stock its 21st largest holding. Prospera Private Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $6,870,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of GDX. Beacon Capital Management LLC raised its position in 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 during the last quarter. LRI Investments LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $28,000. Cedar Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 339 shares in the last quarter. Aptus Capital Advisors LLC lifted its stake in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 329 shares during the period. Finally, Eagle Bay Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 575 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 2.3 %

Shares of VanEck Gold Miners ETF stock opened at $37.89 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 market cap of $15.14 billion, a P/E ratio of 28.03 and a beta of 0.85. The company’s fifty day simple moving average is $39.89 and its two-hundred day simple moving average is $37.48.

VanEck Gold Miners ETF 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.