Strategic Investment Solutions Inc. IL Increases Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Strategic Investment Solutions Inc. IL raised its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,344 shares of the exchange traded fund’s stock after purchasing an additional 439 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in VanEck Gold Miners ETF were worth $215,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Atomi Financial Group Inc. grew its stake in VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 12.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 1,301 shares in the last quarter. Tandem Financial LLC acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at approximately $7,621,000. Van ECK Associates Corp lifted its position in VanEck Gold Miners ETF by 22.6% during the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after buying an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in VanEck Gold Miners ETF by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after buying an additional 8,500 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.7 %

Shares of NYSEARCA:GDX opened at $51.91 on Thursday. VanEck Gold Miners ETF has a 52-week low of $32.20 and a 52-week high of $52.81. The stock has a market cap of $16.84 billion, a P/E ratio of 21.51 and a beta of 0.84. The business has a fifty day moving average of $43.44 and a two-hundred day moving average of $39.89.

VanEck Gold Miners ETF 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.