Encompass More Asset Management Has $3.05 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Encompass More Asset Management grew its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 95.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,785 shares of the exchange traded fund’s stock after purchasing an additional 43,757 shares during the quarter. VanEck Gold Miners ETF comprises about 1.0% of Encompass More Asset Management’s portfolio, making the stock its 26th biggest holding. Encompass More Asset Management’s holdings in VanEck Gold Miners ETF were worth $3,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LexAurum Advisors LLC grew its holdings in VanEck Gold Miners ETF by 211.9% during the fourth quarter. LexAurum Advisors LLC now owns 140,314 shares of the exchange traded fund’s stock worth $4,758,000 after purchasing an additional 95,334 shares during the period. Fiduciary Family Office LLC acquired a new stake in VanEck Gold Miners ETF during the 4th quarter valued at $25,807,000. Avior Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 38.5% in the 4th quarter. Avior Wealth Management LLC now owns 2,196 shares of the exchange traded fund’s stock valued at $74,000 after buying an additional 611 shares in the last quarter. Echo45 Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 13.6% during the 4th quarter. Echo45 Advisors LLC now owns 51,952 shares of the exchange traded fund’s stock worth $1,818,000 after acquiring an additional 6,206 shares during the period. Finally, JBGlobal.com LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $394,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $38.02 on Friday. The company’s 50 day simple moving average is $36.32 and its 200 day simple moving average is $37.93. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The stock has a market capitalization of $15.20 billion, a price-to-earnings 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.