Copley Financial Group Inc. Increases Stake in VanEck Gold Miners ETF $GDX

Copley Financial Group Inc. increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 373.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,653 shares of the exchange traded fund’s stock after purchasing an additional 10,769 shares during the period. VanEck Gold Miners ETF accounts for about 0.5% of Copley Financial Group Inc.’s portfolio, making the stock its 25th largest position. Copley Financial Group Inc.’s holdings in VanEck Gold Miners ETF were worth $1,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Syon Capital LLC increased its stake in VanEck Gold Miners ETF by 0.8% during the 2nd quarter. Syon Capital LLC now owns 212,664 shares of the exchange traded fund’s stock valued at $16,046,000 after purchasing an additional 1,602 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of VanEck Gold Miners ETF by 0.3% during the second quarter. TD Waterhouse Canada Inc. now owns 220,002 shares of the exchange traded fund’s stock worth $16,521,000 after buying an additional 634 shares during the period. Waycross Investment Management Co lifted its stake in shares of VanEck Gold Miners ETF by 9.0% during the second quarter. Waycross Investment Management Co now owns 7,047 shares of the exchange traded fund’s stock worth $532,000 after buying an additional 580 shares during the period. Vanguard Capital Wealth Advisors grew its holdings in shares of VanEck Gold Miners ETF by 34.1% during the second quarter. Vanguard Capital Wealth Advisors now owns 9,900 shares of the exchange traded fund’s stock valued at $747,000 after buying an additional 2,520 shares during the last quarter. Finally, Solstein Capital LLC grew its holdings in shares of VanEck Gold Miners ETF by 17.9% during the second quarter. Solstein Capital LLC now owns 10,520 shares of the exchange traded fund’s stock valued at $794,000 after buying an additional 1,594 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $101.49 on Friday. The stock’s fifty day moving average price is $84.00 and its 200 day moving average price is $89.33. VanEck Gold Miners ETF has a 1 year low of $63.89 and a 1 year high of $117.18. The company has a market cap of $30.96 billion, a price-to-earnings ratio of 21.70 and a beta of 0.70.

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.