CW Advisors LLC Has $14.44 Million Stock Position in VanEck Gold Miners ETF $GDX

CW Advisors LLC raised its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 314,178 shares of the exchange traded fund’s stock after acquiring an additional 20,648 shares during the period. CW Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $14,443,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GDX. LaSalle St. Investment Advisors LLC boosted its stake in VanEck Gold Miners ETF by 0.5% in the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 219 shares in the last quarter. ORG Partners LLC boosted its stake in VanEck Gold Miners ETF by 32.9% in the first quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 250 shares in the last quarter. Quadrant Private Wealth Management LLC boosted its stake in VanEck Gold Miners ETF by 0.6% in the first quarter. Quadrant Private Wealth Management LLC now owns 42,029 shares of the exchange traded fund’s stock worth $1,932,000 after purchasing an additional 250 shares in the last quarter. Investors Research Corp raised its position in shares of VanEck Gold Miners ETF by 57.3% during the first quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 251 shares during the last quarter. Finally, Guild Investment Management Inc. raised its position in shares of VanEck Gold Miners ETF by 0.6% during the first quarter. Guild Investment Management Inc. now owns 54,172 shares of the exchange traded fund’s stock worth $2,490,000 after acquiring an additional 305 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.7%

GDX stock opened at $59.29 on Friday. The company has a market cap of $17.35 billion, a P/E ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $59.69. The business has a fifty day moving average of $53.96 and a 200-day moving average of $48.80.

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.