VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,848 shares of the exchange traded fund’s stock after acquiring an additional 1,235 shares during the quarter. PNC Financial Services Group Inc.’s holdings in VanEck Gold Miners ETF were worth $1,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in GDX. Beacon Capital Management LLC lifted its position in VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the period. LRI Investments LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at approximately $28,000. Cedar Wealth Management LLC lifted its holdings in shares of VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 339 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 53.0% in 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. Finally, Eagle Bay Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 95.8% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the period.

VanEck Gold Miners ETF Price Performance

GDX opened at $37.31 on Wednesday. The business has a 50 day simple moving average of $39.79 and a 200-day simple moving average of $37.57. The stock has a market capitalization of $14.91 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month 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.