Patriot Financial Group Insurance Agency LLC Has $2.99 Million Stock Position in VanEck Gold Miners ETF $GDX

Patriot Financial Group Insurance Agency LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 52.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 32,564 shares of the exchange traded fund’s stock after acquiring an additional 11,264 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in VanEck Gold Miners ETF were worth $2,988,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GDX. Eukles Asset Management acquired a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $27,000. Bayban acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth about $27,000. Morton Brown Family Wealth LLC bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $36,000. Hantz Financial Services Inc. grew its position in shares of VanEck Gold Miners ETF by 298.2% in the 4th quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 337 shares during the last quarter. Finally, Roble Belko & Company Inc grew its position in shares of VanEck Gold Miners ETF by 2,913.3% in the 1st quarter. Roble Belko & Company Inc now owns 452 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 437 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $77.00 on Monday. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60. The stock has a 50-day moving average of $86.97 and a 200-day moving average of $92.88. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18.

About VanEck Gold Miners ETF

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.