82,882 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Purchased by Inlight Wealth Management LLC

Inlight Wealth Management LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the 4th quarter, Holdings Channel.com reports. The firm bought 82,882 shares of the exchange traded fund’s stock, valued at approximately $2,811,000. VanEck Gold Miners ETF comprises approximately 0.9% of Inlight Wealth Management LLC’s holdings, making the stock its 24th biggest position.

A number of other large investors have also recently bought and sold shares of GDX. Cutler Capital Management LLC lifted its position in shares of VanEck Gold Miners ETF by 3.9% in the fourth quarter. Cutler Capital Management LLC now owns 31,212 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 1,175 shares in the last quarter. DRW Securities LLC increased its stake in VanEck Gold Miners ETF by 50.6% in the 4th quarter. DRW Securities LLC now owns 30,891 shares of the exchange traded fund’s stock valued at $1,048,000 after buying an additional 10,381 shares during the last quarter. Advisory Services Network LLC lifted its position in VanEck Gold Miners ETF by 147.4% during the 4th quarter. Advisory Services Network LLC now owns 59,112 shares of the exchange traded fund’s stock worth $2,004,000 after buying an additional 35,217 shares in the last quarter. RiverGlades Family Offices LLC boosted its stake in shares of VanEck Gold Miners ETF by 6.2% during the 4th quarter. RiverGlades Family Offices LLC now owns 11,965 shares of the exchange traded fund’s stock worth $406,000 after buying an additional 702 shares during the last quarter. Finally, FIL Ltd bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $6,155,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $47.17 on Friday. The stock’s 50-day simple moving average is $42.65 and its 200 day simple moving average is $39.62. VanEck Gold Miners ETF has a 52-week low of $32.20 and a 52-week high of $48.85. The company has a market cap of $15.30 billion, a P/E ratio of 21.51 and a beta of 0.84.

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.