VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Joule Financial LLC

Joule Financial LLC lifted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,639 shares of the exchange traded fund’s stock after acquiring an additional 7,036 shares during the period. VanEck Gold Miners ETF makes up 0.6% of Joule Financial LLC’s portfolio, making the stock its 27th biggest position. Joule Financial LLC’s holdings in VanEck Gold Miners ETF were worth $1,582,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GDX. Eastern Bank acquired a new stake in VanEck Gold Miners ETF in the 4th quarter valued at $25,000. Aptus Capital Advisors LLC raised its holdings in shares of 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 valued at $38,000 after buying an additional 329 shares during the period. St. Johns Investment Management Company LLC purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $49,000. ORG Wealth Partners LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $49,000. Finally, Laurel Wealth Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 2,586.2% during the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,500 shares during the period.

VanEck Gold Miners ETF Trading Up 0.4 %

NYSEARCA GDX opened at $36.75 on Friday. The company’s fifty day simple moving average is $36.22 and its 200-day simple moving average is $37.90. The stock has a market cap of $14.69 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22.

VanEck Gold Miners ETF Company 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.