Geneos Wealth Management Inc. Has $2.80 Million Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Geneos Wealth Management Inc. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,632 shares of the exchange traded fund’s stock after buying an additional 4,479 shares during the period. Geneos Wealth Management Inc.’s holdings in VanEck Gold Miners ETF were worth $2,803,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in VanEck Gold Miners ETF during the fourth quarter valued at $26,000. Atwood & Palmer Inc. acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth approximately $27,000. Atlantic Edge Private Wealth Management LLC purchased a new position in VanEck Gold Miners ETF during the fourth quarter valued at approximately $32,000. Family Asset Management LLC acquired a new position in VanEck Gold Miners ETF in the 4th quarter valued at approximately $38,000. Finally, Mather Group LLC. purchased a new stake in VanEck Gold Miners ETF in the 1st quarter worth approximately $42,000.

VanEck Gold Miners ETF Stock Up 2.8 %

Shares of VanEck Gold Miners ETF stock traded up $1.04 on Thursday, hitting $38.09. 27,254,418 shares of the company traded hands, compared to its average volume of 24,231,584. VanEck Gold Miners ETF has a 12-month low of $25.62 and a 12-month high of $38.15. The company has a 50-day moving average price of $34.83 and a 200 day moving average price of $31.62. The company has a market cap of $15.23 billion, a PE ratio of 28.03 and a beta of 0.85.

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.