Wedbush Securities Inc. Acquires 1,075 Shares of VanEck Gold Miners ETF $GDX

Wedbush Securities Inc. increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,165 shares of the exchange traded fund’s stock after purchasing an additional 1,075 shares during the period. Wedbush Securities Inc.’s holdings in VanEck Gold Miners ETF were worth $998,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hurley Capital LLC purchased a new position in VanEck Gold Miners ETF in the 1st quarter worth approximately $26,000. Hoey Investments Inc. raised its position in shares of VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 213 shares in the last quarter. Creekmur Asset Management LLC raised its position in shares of VanEck Gold Miners ETF by 147.2% during the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter worth $34,000. Finally, First Command Advisory Services Inc. purchased a new position in VanEck Gold Miners ETF in the second quarter worth $35,000.

VanEck Gold Miners ETF Stock Up 4.7%

GDX opened at $75.98 on Tuesday. The business’s fifty day simple moving average is $73.04 and its 200 day simple moving average is $60.01. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $85.08. The stock has a market cap of $22.82 billion, a PE ratio of 21.70 and a beta of 0.55.

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.