Ashton Thomas Private Wealth LLC Raises Stake in VanEck Gold Miners ETF $GDX

Ashton Thomas Private Wealth LLC boosted its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 437.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,521 shares of the exchange traded fund’s stock after buying an additional 112,750 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $7,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Hurley Capital LLC bought a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $26,000. Hoey Investments Inc. lifted its position in VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 213 shares during the last quarter. RMG Wealth Management LLC bought a new stake in VanEck Gold Miners ETF in the second quarter valued at approximately $34,000. NorthRock Partners LLC lifted its position in VanEck Gold Miners ETF by 69.1% in the first quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 380 shares during the last quarter. Finally, IMA Advisory Services Inc. bought a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $72.80 on Monday. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $85.08. The stock has a 50 day moving average price of $70.58 and a two-hundred day moving average price of $58.27. The company has a market capitalization of $21.74 billion, a P/E ratio of 21.70 and a beta of 0.77.

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.