EverSource Wealth Advisors LLC Boosts Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

EverSource Wealth Advisors LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 865.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,398 shares of the exchange traded fund’s stock after buying an additional 20,078 shares during the period. EverSource Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $760,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of GDX. Proficio Capital Partners LLC increased its stake in VanEck Gold Miners ETF by 1,116.3% in the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after buying an additional 1,967,832 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth $76,065,000. Raymond James Financial Inc. purchased a new stake in VanEck Gold Miners ETF in the 4th quarter worth $64,425,000. Strategic Financial Concepts LLC increased its stake in VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after buying an additional 1,771,440 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth $35,838,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $43.21 on Friday. VanEck Gold Miners ETF has a 52-week low of $28.91 and a 52-week high of $44.22. The firm has a market capitalization of $14.54 billion, a PE ratio of 22.76 and a beta of 0.96. The stock has a fifty day simple moving average of $39.15 and a two-hundred day simple moving average of $38.70.

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.