VanEck Gold Miners ETF $GDX Position Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 741,118 shares of the exchange traded fund’s stock after buying an additional 33,088 shares during the quarter. Envestnet Asset Management Inc. owned about 0.25% of VanEck Gold Miners ETF worth $38,582,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth about $26,000. Hoey Investments Inc. boosted its stake in VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 213 shares during the period. RMG Wealth Management LLC bought a new position in VanEck Gold Miners ETF in the 2nd quarter worth about $34,000. NorthRock Partners LLC increased its stake in shares of VanEck Gold Miners ETF by 69.1% in the first quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 380 shares during the period. Finally, IMA Advisory Services Inc. acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Trading Down 1.2%

GDX opened at $72.06 on Friday. The business’s 50 day moving average is $71.87 and its 200-day moving average is $59.07. The stock has a market cap of $21.74 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $85.08.

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.