Sprott Inc. Purchases 65,286 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Sprott Inc. raised its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 577.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,594 shares of the exchange traded fund’s stock after purchasing an additional 65,286 shares during the quarter. Sprott Inc.’s holdings in VanEck Gold Miners ETF were worth $2,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. Roxbury Financial LLC purchased a new stake in VanEck Gold Miners ETF in the 4th quarter worth about $25,000. Eastern Bank purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $25,000. Financial Connections Group Inc. bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth $25,000. Aptus Capital Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares in the last quarter. Finally, Rothschild Investment LLC raised its stake in shares of VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 500 shares during the period.

VanEck Gold Miners ETF Stock Down 1.4 %

Shares of NYSEARCA GDX opened at $40.38 on Wednesday. The company has a market cap of $13.58 billion, a P/E ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22. The business has a 50-day simple moving average of $37.71 and a two-hundred day simple moving average of $38.51.

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.