Victory Capital Management Inc. Has $20.79 Million Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Victory Capital Management Inc. grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 36.5% in the third quarter, HoldingsChannel.com reports. The fund owned 522,183 shares of the exchange traded fund’s stock after acquiring an additional 139,733 shares during the quarter. Victory Capital Management Inc.’s holdings in VanEck Gold Miners ETF were worth $20,793,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Centennial Wealth Advisory LLC grew its stake in shares of VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after buying an additional 267 shares during the period. Morton Capital Management LLC CA grew its stake in shares of VanEck Gold Miners ETF by 0.3% in the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock valued at $3,007,000 after buying an additional 287 shares during the period. Mather Group LLC. grew its stake in shares of VanEck Gold Miners ETF by 21.3% in the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 288 shares during the period. Summit Wealth Partners LLC grew its stake in shares of VanEck Gold Miners ETF by 3.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after buying an additional 298 shares during the period. Finally, Citizens National Bank Trust Department grew its stake in shares of VanEck Gold Miners ETF by 4.8% in the 3rd quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after buying an additional 308 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA GDX opened at $37.04 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The firm’s 50-day simple moving average is $39.88 and its 200 day simple moving average is $37.45.

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.