Aries Wealth Management Has $1.60 Million Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Aries Wealth Management lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,137 shares of the exchange traded fund’s stock after selling 405 shares during the quarter. Aries Wealth Management’s holdings in VanEck Gold Miners ETF were worth $1,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. CWM LLC lifted its stake in shares of VanEck Gold Miners ETF by 55.8% in the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after purchasing an additional 6,694 shares during the period. Concourse Financial Group Securities Inc. increased its holdings in VanEck Gold Miners ETF by 17.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 10,675 shares of the exchange traded fund’s stock valued at $425,000 after purchasing an additional 1,575 shares during the last quarter. Creative Planning lifted its stake in VanEck Gold Miners ETF by 0.8% in the third quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after buying an additional 711 shares during the period. Vontobel Holding Ltd. boosted its holdings in VanEck Gold Miners ETF by 42.5% during the third quarter. Vontobel Holding Ltd. now owns 69,649 shares of the exchange traded fund’s stock worth $2,773,000 after buying an additional 20,768 shares during the last quarter. Finally, Good Life Advisors LLC acquired a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $224,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $42.51 on Friday. The firm’s 50 day simple moving average is $37.10 and its 200 day simple moving average is $38.20. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a market capitalization of $16.99 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.