Delos Wealth Advisors LLC Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Delos Wealth Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 49.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,996 shares of the exchange traded fund’s stock after purchasing an additional 986 shares during the period. Delos Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $93,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in VanEck Gold Miners ETF during the 4th quarter worth approximately $26,000. Family Asset Management LLC acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth approximately $38,000. Register Financial Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 58.5% in the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 626 shares during the period. VisionPoint Advisory Group LLC grew its position in VanEck Gold Miners ETF by 34.1% in the third quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 511 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of VanEck Gold Miners ETF by 206.6% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,057 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 1,386 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock traded up $1.20 on Thursday, hitting $35.36. The stock had a trading volume of 30,237,748 shares, compared to its average volume of 25,980,020. The stock’s 50 day moving average is $31.84 and its 200-day moving average is $29.92. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $35.74.

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.