B. Riley Wealth Advisors Inc. Has $892,000 Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

B. Riley Wealth Advisors Inc. increased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 26,276 shares of the exchange traded fund’s stock after purchasing an additional 2,061 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $892,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GDX. Morton Capital Management LLC CA lifted its holdings in shares of VanEck Gold Miners ETF by 0.3% during the second quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock worth $3,007,000 after buying an additional 287 shares during the last quarter. Mather Group LLC. raised its stake in VanEck Gold Miners ETF by 21.3% during the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 288 shares during the last quarter. Cedar Wealth Management LLC boosted its holdings in VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 339 shares during the period. IAM Advisory LLC grew its position in VanEck Gold Miners ETF by 0.7% in the 2nd quarter. IAM Advisory LLC now owns 48,789 shares of the exchange traded fund’s stock worth $1,655,000 after purchasing an additional 341 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in shares of VanEck Gold Miners ETF by 3.7% during the 2nd quarter. Foundations Investment Advisors LLC now owns 10,134 shares of the exchange traded fund’s stock worth $344,000 after purchasing an additional 366 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $39.58 on Friday. The company has a 50-day simple moving average of $38.36 and a 200-day simple moving average of $35.75. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $41.95. The firm has a market capitalization of $15.82 billion, a P/E ratio of 28.03 and a beta of 0.85.

VanEck Gold Miners ETF Company 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.