17,415 Shares of VanEck Gold Miners ETF $GDX Bought by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. purchased a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,415 shares of the exchange traded fund’s stock, valued at approximately $1,529,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Axiom Investment Management LLC acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $934,000. PCG Wealth Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 74.4% in the second quarter. PCG Wealth Advisors LLC now owns 75,559 shares of the exchange traded fund’s stock valued at $5,701,000 after purchasing an additional 32,230 shares during the period. Ameritas Advisory Services LLC grew its holdings in shares of VanEck Gold Miners ETF by 315.7% in the second quarter. Ameritas Advisory Services LLC now owns 19,205 shares of the exchange traded fund’s stock valued at $1,449,000 after purchasing an additional 14,585 shares during the period. Angeles Wealth Management LLC increased its position in VanEck Gold Miners ETF by 171.4% during the second quarter. Angeles Wealth Management LLC now owns 9,500 shares of the exchange traded fund’s stock worth $717,000 after purchasing an additional 6,000 shares during the last quarter. Finally, Ketron Financial acquired a new stake in VanEck Gold Miners ETF during the fourth quarter worth about $625,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $87.02 on Friday. The firm’s 50-day moving average is $93.67 and its two-hundred day moving average is $87.83. VanEck Gold Miners ETF has a 12 month low of $68.13 and a 12 month high of $117.18. The company has a market capitalization of $26.21 billion, a PE ratio of 21.70 and a beta of 0.68.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.