DRW Securities LLC Makes New $817,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

DRW Securities LLC purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,510 shares of the exchange traded fund’s stock, valued at approximately $817,000.

A number of other hedge funds also recently bought and sold shares of GDX. LRI Investments LLC acquired a new position in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $31,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of VanEck Gold Miners ETF by 2.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 24,215 shares of the exchange traded fund’s stock valued at $766,000 after acquiring an additional 522 shares during the last quarter. Comerica Bank raised its holdings in shares of VanEck Gold Miners ETF by 7.2% during the first quarter. Comerica Bank now owns 52,818 shares of the exchange traded fund’s stock valued at $1,670,000 after acquiring an additional 3,551 shares during the last quarter. Woodson Capital Management LP raised its holdings in shares of VanEck Gold Miners ETF by 26.1% during the first quarter. Woodson Capital Management LP now owns 252,200 shares of the exchange traded fund’s stock valued at $7,975,000 after acquiring an additional 52,200 shares during the last quarter. Finally, Vima LLC raised its holdings in shares of VanEck Gold Miners ETF by 8.8% during the first quarter. Vima LLC now owns 75,983 shares of the exchange traded fund’s stock valued at $2,458,000 after acquiring an additional 6,116 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $37.14 on Tuesday. The business has a 50 day simple moving average of $39.79 and a two-hundred day simple moving average of $37.57. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The stock has a market capitalization of $14.84 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.