Wilmar Advisors LLC Takes $1.02 Million Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Wilmar Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 30,000 shares of the exchange traded fund’s stock, valued at approximately $1,017,000. VanEck Gold Miners ETF makes up 0.9% of Wilmar Advisors LLC’s portfolio, making the stock its 13th largest position.

Several other hedge funds have also recently added to or reduced their stakes in GDX. JPMorgan Chase & Co. raised its position in shares of VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock worth $379,397,000 after buying an additional 294,034 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in VanEck Gold Miners ETF by 1,116.3% during the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after purchasing an additional 1,967,832 shares in the last quarter. Quadrature Capital Ltd bought a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $76,065,000. Caisse DE Depot ET Placement DU Quebec raised its holdings in VanEck Gold Miners ETF by 70.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock worth $73,242,000 after purchasing an additional 760,722 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in shares of VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after buying an additional 1,771,440 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX opened at $39.72 on Friday. VanEck Gold Miners ETF has a one year low of $26.28 and a one year high of $44.22. The stock’s fifty day moving average is $38.04 and its 200-day moving average is $38.56. The company has a market capitalization of $13.36 billion, a PE ratio of 22.76 and a beta of 0.96.

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.