Cavalier Investments LLC Purchases 11,063 Shares of VanEck Gold Miners ETF $GDX

Cavalier Investments LLC lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 40.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,156 shares of the exchange traded fund’s stock after acquiring an additional 11,063 shares during the quarter. VanEck Gold Miners ETF makes up about 0.2% of Cavalier Investments LLC’s investment portfolio, making the stock its 27th largest position. Cavalier Investments LLC’s holdings in VanEck Gold Miners ETF were worth $2,915,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. New Republic Capital LLC acquired a new position in VanEck Gold Miners ETF during the 3rd quarter valued at about $29,000. Highline Wealth Partners LLC grew its position in shares of VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 135 shares during the period. Family Management Corp acquired a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth approximately $38,000. Tradewinds Capital Management LLC raised its stake in shares of VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 325 shares during the last quarter. Finally, Activest Wealth Management bought a new stake in shares of VanEck Gold Miners ETF during the third quarter worth approximately $50,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $93.26 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $40.26 and a fifty-two week high of $117.18. The firm has a market capitalization of $28.46 billion, a P/E ratio of 21.70 and a beta of 0.55. The company’s 50 day simple moving average is $101.75 and its 200 day simple moving average is $85.37.

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.