VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by LexAurum Advisors LLC

LexAurum Advisors LLC boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,980 shares of the exchange traded fund’s stock after purchasing an additional 5,207 shares during the quarter. LexAurum Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in GDX. Beacon Capital Management LLC raised its stake in VanEck Gold Miners ETF by 202.4% in 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 acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $28,000. Cedar Wealth Management LLC increased its stake in shares of VanEck Gold Miners ETF by 63.4% during the 2nd 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 during the last quarter. Eagle Bay Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 95.8% during the 2nd 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 during the last quarter. Finally, Studio Investment Management LLC increased its stake in shares of VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $41.49 on Friday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $41.95. The company has a 50-day moving average of $39.09 and a 200-day moving average of $36.43. The company has a market cap of $16.59 billion, a P/E 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.