LRI Investments LLC Invests $31,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

LRI Investments LLC bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 900 shares of the exchange traded fund’s stock, valued at approximately $31,000.

Several other large investors have also recently made changes to their positions in the company. 1832 Asset Management L.P. increased its holdings in shares of VanEck Gold Miners ETF by 6.4% in the first quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after purchasing an additional 181,475 shares during the last quarter. Quadrature Capital Ltd purchased a new position in VanEck Gold Miners ETF in the first quarter worth about $1,792,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in VanEck Gold Miners ETF during the first quarter worth approximately $459,000. Stamos Capital Partners L.P. raised its position in VanEck Gold Miners ETF by 70.8% during the first quarter. Stamos Capital Partners L.P. now owns 31,710 shares of the exchange traded fund’s stock valued at $1,003,000 after purchasing an additional 13,140 shares during the period. Finally, EP Wealth Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 1.2% in the 1st quarter. EP Wealth Advisors LLC now owns 61,522 shares of the exchange traded fund’s stock valued at $1,945,000 after purchasing an additional 700 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $36.62 on Monday. The stock has a market cap of $14.64 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock has a 50 day moving average price of $35.49 and a 200-day moving average price of $32.24. VanEck Gold Miners ETF has a one year low of $25.62 and a one year high of $39.41.

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.