VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Purchased by Ionic Capital Management LLC

Ionic Capital Management LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.3% during the third quarter, Holdings Channel reports. The firm owned 59,270 shares of the exchange traded fund’s stock after purchasing an additional 3,000 shares during the quarter. Ionic Capital Management LLC’s holdings in VanEck Gold Miners ETF were worth $2,360,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Beacon Capital Management LLC grew its position in VanEck Gold Miners ETF by 202.4% during the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the period. Cedar Wealth Management LLC grew its stake in shares of 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 buying an additional 339 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the last quarter. Eagle Bay Advisors LLC raised its position in VanEck Gold Miners ETF by 95.8% in 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 in the last quarter. Finally, Studio Investment Management LLC increased its position in VanEck Gold Miners ETF by 51.4% in the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $36.82 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a market capitalization of $14.72 billion, a P/E ratio of 28.03 and a beta of 0.85. The business has a 50-day moving average of $39.61 and a 200-day moving average of $37.63.

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.