Kestra Private Wealth Services LLC Has $2.09 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kestra Private Wealth Services LLC increased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,541 shares of the exchange traded fund’s stock after acquiring an additional 12,719 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VanEck Gold Miners ETF were worth $2,094,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley raised its holdings in VanEck Gold Miners ETF by 4.3% during the 3rd quarter. Morgan Stanley now owns 11,073,715 shares of the exchange traded fund’s stock worth $297,994,000 after purchasing an additional 460,687 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of VanEck Gold Miners ETF by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 9,477,920 shares of the exchange traded fund’s stock worth $255,051,000 after buying an additional 1,920,723 shares during the period. Rafferty Asset Management LLC increased its position in shares of VanEck Gold Miners ETF by 6.5% during the third quarter. Rafferty Asset Management LLC now owns 8,108,154 shares of the exchange traded fund’s stock worth $218,190,000 after buying an additional 493,627 shares during the period. Toronto Dominion Bank raised its stake in VanEck Gold Miners ETF by 31.5% during the third quarter. Toronto Dominion Bank now owns 3,085,387 shares of the exchange traded fund’s stock worth $83,028,000 after buying an additional 738,786 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. lifted its holdings in VanEck Gold Miners ETF by 705.5% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock valued at $63,204,000 after buying an additional 1,785,137 shares during the period.

VanEck Gold Miners ETF Trading Up 0.7 %

Shares of VanEck Gold Miners ETF stock opened at $33.36 on Thursday. The business has a 50-day moving average price of $30.93 and a two-hundred day moving average price of $29.74. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The company has a market cap of $13.34 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.