Wedbush Securities Inc. Acquires 30,219 Shares of VanEck Gold Miners ETF $GDX

Wedbush Securities Inc. purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 30,219 shares of the exchange traded fund’s stock, valued at approximately $2,653,000.

Other large investors have also recently made changes to their positions in the company. New Harbor Financial Group LLC bought a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth approximately $51,432,000. Sepio Capital LP purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $220,000. Brookstone Capital Management purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $5,114,000. NBT Bank N.A. purchased a new position in VanEck Gold Miners ETF in the 3rd quarter worth $3,088,000. Finally, Root Financial Partners LLC bought a new stake in VanEck Gold Miners ETF in the third quarter worth $151,000.

VanEck Gold Miners ETF Trading Down 1.8%

GDX opened at $80.20 on Friday. The company has a market cap of $24.59 billion, a P/E ratio of 21.70 and a beta of 0.68. The business’s 50-day moving average price is $93.05 and its 200-day moving average price is $87.54. VanEck Gold Miners ETF has a 12 month low of $68.13 and a 12 month high of $117.18.

VanEck Gold Miners ETF Company 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.