Cushing Capital Partners LLC Makes New Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Cushing Capital Partners LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 23,896 shares of the exchange traded fund’s stock, valued at approximately $810,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Roxbury Financial LLC acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth $25,000. Eastern Bank acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth $25,000. Financial Connections Group Inc. acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth $25,000. Aptus Capital Advisors LLC lifted its position in VanEck Gold Miners ETF by 53.0% during the 3rd 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 last quarter. Finally, Rothschild Investment LLC lifted its position in VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $40.51 on Tuesday. The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a fifty-two week low of $28.91 and a fifty-two week high of $44.22. The firm has a fifty day moving average price of $38.83 and a two-hundred day moving average price of $38.66.

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.