VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Echo45 Advisors LLC

Echo45 Advisors LLC raised its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,952 shares of the exchange traded fund’s stock after purchasing an additional 6,206 shares during the quarter. VanEck Gold Miners ETF comprises approximately 1.2% of Echo45 Advisors LLC’s holdings, making the stock its 21st biggest holding. Echo45 Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,818,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. JBGlobal.com LLC purchased a new stake in VanEck Gold Miners ETF during the fourth quarter valued at about $394,000. Atomi Financial Group Inc. grew its holdings in shares of VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after purchasing an additional 462 shares during the period. MassMutual Private Wealth & Trust FSB increased its position in VanEck Gold Miners ETF by 2.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 221,806 shares of the exchange traded fund’s stock worth $7,521,000 after purchasing an additional 4,709 shares in the last quarter. Maltin Wealth Management Inc. raised its holdings in VanEck Gold Miners ETF by 106.8% in the fourth quarter. Maltin Wealth Management Inc. now owns 12,798 shares of the exchange traded fund’s stock valued at $434,000 after buying an additional 6,608 shares during the period. Finally, BigSur Wealth Management LLC lifted its position in VanEck Gold Miners ETF by 221.8% during the fourth quarter. BigSur Wealth Management LLC now owns 35,400 shares of the exchange traded fund’s stock valued at $1,200,000 after buying an additional 24,400 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 0.2 %

VanEck Gold Miners ETF stock opened at $37.53 on Thursday. The firm has a fifty day moving average of $36.29 and a 200-day moving average of $37.94. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The firm has a market capitalization of $15.00 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.