Trek Financial LLC Purchases 10,488 Shares of VanEck Gold Miners ETF $GDX

Trek Financial LLC increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 43.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 34,645 shares of the exchange traded fund’s stock after buying an additional 10,488 shares during the period. Trek Financial LLC’s holdings in VanEck Gold Miners ETF were worth $2,647,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Rafferty Asset Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after acquiring an additional 1,503,884 shares during the period. JPMorgan Chase & Co. lifted its holdings in VanEck Gold Miners ETF by 766.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after purchasing an additional 4,574,598 shares in the last quarter. Slate Path Capital LP bought a new position in VanEck Gold Miners ETF in the 2nd quarter worth approximately $123,070,000. Pureheart Capital Pte Ltd. boosted its stake in VanEck Gold Miners ETF by 1.4% in the 2nd quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after purchasing an additional 19,000 shares during the period. Finally, Teacher Retirement System of Texas grew its holdings in VanEck Gold Miners ETF by 99.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock valued at $67,990,000 after buying an additional 650,000 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $107.02 on Friday. VanEck Gold Miners ETF has a 1 year low of $36.85 and a 1 year high of $107.62. The firm’s 50 day moving average price is $87.25 and its 200-day moving average price is $73.47. The stock has a market cap of $32.02 billion, a P/E ratio of 21.70 and a beta of 0.55.

VanEck Gold Miners ETF 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.