VanEck Gold Miners ETF (NYSEARCA:GDX) is Ballew Advisors Inc’s 10th Largest Position

Ballew Advisors Inc raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 64.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 92,771 shares of the exchange traded fund’s stock after purchasing an additional 36,312 shares during the period. VanEck Gold Miners ETF accounts for about 2.1% of Ballew Advisors Inc’s portfolio, making the stock its 10th largest position. Ballew Advisors Inc’s holdings in VanEck Gold Miners ETF were worth $3,282,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $25,000. Aptus Capital Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 329 shares during the period. St. Johns Investment Management Company LLC bought a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $49,000. ORG Wealth Partners LLC purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 2,586.2% in the 4th quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,500 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $36.75 on Friday. The business has a fifty day moving average price of $36.22 and a 200 day moving average price of $37.90. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The stock has a market capitalization of $14.69 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.