180 Wealth Advisors LLC Acquires 6,751 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

180 Wealth Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,994 shares of the exchange traded fund’s stock after buying an additional 6,751 shares during the quarter. VanEck Gold Miners ETF makes up 0.8% of 180 Wealth Advisors LLC’s portfolio, making the stock its 26th largest position. 180 Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $4,809,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GDX. Roxbury Financial LLC bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Investors Research Corp raised its holdings in shares of VanEck Gold Miners ETF by 57.3% in the 1st quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 251 shares during the period. Financial Connections Group Inc. bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Rothschild Investment LLC raised its holdings in shares of VanEck Gold Miners ETF by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 500 shares during the period. Finally, Millstone Evans Group LLC bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $34,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $50.28 on Friday. The firm’s 50-day moving average is $47.87 and its 200-day moving average is $41.84. The stock has a market cap of $15.23 billion, a price-to-earnings ratio of 19.65 and a beta of 0.57. VanEck Gold Miners ETF has a 52-week low of $32.84 and a 52-week high of $53.25.

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.