Kingswood Wealth Advisors LLC Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kingswood Wealth Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,533 shares of the exchange traded fund’s stock after acquiring an additional 3,000 shares during the period. Kingswood Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $527,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC boosted its holdings in shares of VanEck Gold Miners ETF by 649.7% during the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in VanEck Gold Miners ETF during the first quarter valued at approximately $104,346,000. Alaska Permanent Fund Corp grew its holdings in VanEck Gold Miners ETF by 132.1% during the 1st quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock valued at $124,594,000 after buying an additional 2,242,823 shares in the last quarter. GLOBALT Investments LLC GA bought a new stake in VanEck Gold Miners ETF in the 4th quarter worth approximately $58,686,000. Finally, Desjardins Global Asset Management Inc. raised its holdings in shares of VanEck Gold Miners ETF by 705.5% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock worth $63,204,000 after acquiring an additional 1,785,137 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 2.6 %

Shares of GDX stock traded down $0.92 on Wednesday, reaching $34.71. The company’s stock had a trading volume of 17,624,572 shares, compared to its average volume of 23,645,801. The company has a market capitalization of $13.88 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s fifty day simple moving average is $35.60 and its 200-day simple moving average is $32.64. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $39.41.

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.