Kestra Advisory Services LLC Increases Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Kestra Advisory Services LLC lifted its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 22.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 369,410 shares of the exchange traded fund’s stock after buying an additional 68,257 shares during the quarter. Kestra Advisory Services LLC owned about 0.09% of VanEck Gold Miners ETF worth $11,681,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Rafferty Asset Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 1.9% in the 4th quarter. Rafferty Asset Management LLC now owns 8,260,268 shares of the exchange traded fund’s stock worth $256,151,000 after buying an additional 152,114 shares during the last quarter. Alaska Permanent Fund Corp increased its holdings in shares of VanEck Gold Miners ETF by 132.1% in the 1st quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock worth $124,594,000 after buying an additional 2,242,823 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in shares of VanEck Gold Miners ETF in the 1st quarter worth $104,346,000. 1832 Asset Management L.P. increased its holdings in shares of VanEck Gold Miners ETF by 6.4% in the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after buying an additional 181,475 shares during the last quarter. Finally, Desjardins Global Asset Management Inc. increased its holdings in shares of VanEck Gold Miners ETF by 705.5% in the 4th quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock worth $63,204,000 after buying an additional 1,785,137 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 0.3 %

Shares of NYSEARCA:GDX traded up $0.12 during trading on Monday, reaching $36.60. The company had a trading volume of 1,396,647 shares, compared to its average volume of 23,727,531. VanEck Gold Miners ETF has a 12 month low of $25.62 and a 12 month high of $39.41. The company has a fifty day moving average of $35.49 and a two-hundred day moving average of $32.24. The stock has a market capitalization of $14.63 billion, a P/E 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.