Panview Capital Ltd Makes New Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Panview Capital Ltd bought a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 838,300 shares of the exchange traded fund’s stock, valued at approximately $28,427,000. VanEck Gold Miners ETF accounts for about 6.1% of Panview Capital Ltd’s holdings, making the stock its 5th largest holding. Panview Capital Ltd owned 0.21% of VanEck Gold Miners ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Centennial Wealth Advisory LLC boosted its holdings in VanEck Gold Miners ETF by 2.7% in the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 267 shares in the last quarter. Summit Wealth Partners LLC lifted its holdings in shares of VanEck Gold Miners ETF by 3.6% during the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 298 shares in the last quarter. Bogart Wealth LLC lifted its holdings in shares of VanEck Gold Miners ETF by 9.5% during the fourth quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 300 shares in the last quarter. Citizens National Bank Trust Department lifted its holdings in shares of VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 308 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings 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 valued at $38,000 after purchasing an additional 329 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $40.80 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The business’s 50-day moving average is $37.54 and its two-hundred day moving average is $38.41. The company has a market cap of $16.31 billion, a price-to-earnings 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.