Captrust Financial Advisors Purchases 2,922 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Captrust Financial Advisors grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 272,762 shares of the exchange traded fund’s stock after buying an additional 2,922 shares during the period. Captrust Financial Advisors owned approximately 0.07% of VanEck Gold Miners ETF worth $10,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. National Bank of Canada FI raised its stake in VanEck Gold Miners ETF by 89.0% in the 2nd quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of VanEck Gold Miners ETF by 3,646.0% in the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock valued at $58,333,000 after buying an additional 1,673,315 shares in the last quarter. Carrhae Capital LLP bought a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $43,073,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $35,838,000. Finally, Cadence Wealth Management LLC bought a new position in VanEck Gold Miners ETF during the 2nd quarter worth $21,327,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $37.66 on Monday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a market cap of $15.05 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock has a fifty day moving average price of $39.61 and a 200-day moving average price of $37.62.

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.