Patriot Financial Group Insurance Agency LLC Raises Stock Position in VanEck Gold Miners ETF $GDX

Patriot Financial Group Insurance Agency LLC grew its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 221.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 21,243 shares of the exchange traded fund’s stock after purchasing an additional 14,630 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in VanEck Gold Miners ETF were worth $1,623,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Ethos Financial Group LLC purchased a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at about $309,000. American National Bank & Trust acquired a new stake in shares of VanEck Gold Miners ETF during the second quarter valued at about $68,000. Catalyst Funds Management Pty Ltd purchased a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at approximately $10,277,000. Johnson Investment Counsel Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 32.2% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 158,387 shares of the exchange traded fund’s stock worth $8,246,000 after acquiring an additional 38,615 shares during the last quarter. Finally, Integrity Alliance LLC. purchased a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth approximately $254,000.

VanEck Gold Miners ETF Stock Up 2.5%

Shares of NYSEARCA GDX opened at $87.79 on Friday. The firm has a market cap of $26.36 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $88.69. The business’s 50 day moving average is $77.99 and its two-hundred day moving average is $66.25.

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.