CWC Advisors LLC. Makes New $238,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

CWC Advisors LLC. bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,981 shares of the exchange traded fund’s stock, valued at approximately $238,000.

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC boosted its position in shares of VanEck Gold Miners ETF by 649.7% during the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after purchasing an additional 14,046,913 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth $104,346,000. National Bank of Canada FI boosted its position in shares of VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of VanEck Gold Miners ETF by 3,646.0% during the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after purchasing an additional 1,673,315 shares in the last quarter. Finally, Blackstone Inc. bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth $41,106,000.

VanEck Gold Miners ETF Stock Down 1.4 %

Shares of NYSEARCA GDX opened at $41.56 on Friday. The company’s fifty day moving average is $39.78 and its 200-day moving average is $36.84. The stock has a market cap of $16.61 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a twelve month low of $25.67 and a twelve month high of $44.22.

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.