Kestra Private Wealth Services LLC Raises Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kestra Private Wealth Services LLC boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.5% during the fourth quarter, HoldingsChannel reports. The firm owned 312,350 shares of the exchange traded fund’s stock after buying an additional 7,512 shares during the period. Kestra Private Wealth Services LLC’s holdings in VanEck Gold Miners ETF were worth $10,592,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth $25,000. Aptus Capital Advisors LLC grew its position in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 329 shares in the last quarter. ORG Wealth Partners LLC bought a new position in VanEck Gold Miners ETF in the third quarter valued at $49,000. St. Johns Investment Management Company LLC bought a new position in VanEck Gold Miners ETF in the third quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC raised its position in VanEck Gold Miners ETF by 2,586.2% during the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,500 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 0.7 %

Shares of NYSEARCA GDX opened at $40.86 on Friday. The stock’s 50-day moving average is $36.73 and its 200 day moving average is $38.06. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22.

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.