VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Acquired by Lowe Wealth Advisors LLC

Lowe Wealth Advisors LLC raised its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,611 shares of the exchange traded fund’s stock after acquiring an additional 3,434 shares during the period. VanEck Gold Miners ETF makes up 0.8% of Lowe Wealth Advisors LLC’s portfolio, making the stock its 16th biggest position. Lowe Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,936,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Beacon Capital Management LLC grew its position in shares of VanEck Gold Miners ETF by 202.4% in 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 in the last quarter. Atwood & Palmer Inc. acquired a new position in VanEck Gold Miners ETF during the first quarter worth about $27,000. LRI Investments LLC bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $28,000. Cedar Wealth Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 63.4% in the second 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 in the last quarter. Finally, Eagle Bay Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 95.8% during the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 575 shares during the period.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $40.37 on Thursday. The company has a market cap of $16.14 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $41.95. The firm’s 50 day simple moving average is $38.29 and its 200-day simple moving average is $35.72.

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.