78,173 Shares of VanEck Gold Miners ETF $GDX Bought by Valen Private Capital LLC

Valen Private Capital LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, HoldingsChannel reports. The fund bought 78,173 shares of the exchange traded fund’s stock, valued at approximately $6,864,000. VanEck Gold Miners ETF comprises approximately 2.2% of Valen Private Capital LLC’s holdings, making the stock its 14th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. MCF Advisors LLC raised its holdings in VanEck Gold Miners ETF by 2.8% during the second quarter. MCF Advisors LLC now owns 3,690 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 100 shares in the last quarter. Midwest Trust Co lifted its position in VanEck Gold Miners ETF by 2.8% in the first quarter. Midwest Trust Co now owns 4,169 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 115 shares during the period. Conservest Capital Advisors Inc. lifted its position in VanEck Gold Miners ETF by 4.1% in the first quarter. Conservest Capital Advisors Inc. now owns 3,126 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 123 shares during the period. CWA Asset Management Group LLC boosted its holdings in VanEck Gold Miners ETF by 1.9% in the 3rd quarter. CWA Asset Management Group LLC now owns 7,027 shares of the exchange traded fund’s stock valued at $617,000 after purchasing an additional 133 shares in the last quarter. Finally, Miller Financial Services LLC boosted its holdings in VanEck Gold Miners ETF by 1.8% in the 3rd quarter. Miller Financial Services LLC now owns 8,352 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 145 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 1.8%

Shares of GDX opened at $80.20 on Friday. The stock’s 50 day moving average is $93.05 and its two-hundred day moving average is $87.54. VanEck Gold Miners ETF has a twelve month low of $68.13 and a twelve month high of $117.18. The firm has a market capitalization of $24.59 billion, a PE ratio of 21.70 and a beta of 0.68.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.