Trivium Point Advisory LLC Purchases 10,832 Shares of VanEck Gold Miners ETF $GDX

Trivium Point Advisory LLC increased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 212,089 shares of the exchange traded fund’s stock after purchasing an additional 10,832 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 1.7% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 7th largest holding. Trivium Point Advisory LLC’s holdings in VanEck Gold Miners ETF were worth $16,204,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of GDX. AQR Capital Management LLC boosted its holdings in shares of VanEck Gold Miners ETF by 106.2% in the 1st quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after acquiring an additional 12,408 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. acquired a new position in VanEck Gold Miners ETF during the second quarter valued at $227,000. Brighton Jones LLC boosted its holdings in VanEck Gold Miners ETF by 46.7% in the second quarter. Brighton Jones LLC now owns 6,600 shares of the exchange traded fund’s stock valued at $344,000 after purchasing an additional 2,102 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in VanEck Gold Miners ETF by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 741,118 shares of the exchange traded fund’s stock valued at $38,582,000 after purchasing an additional 33,088 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter worth about $220,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $115.84 on Friday. The firm has a market capitalization of $35.35 billion, a P/E ratio of 21.70 and a beta of 0.55. The stock has a 50-day simple moving average of $98.78 and a two-hundred day simple moving average of $82.12. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $115.99.

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.