PKS Advisory Services LLC Buys New Shares in VanEck Gold Miners ETF $GDX

PKS Advisory Services LLC purchased a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,954 shares of the exchange traded fund’s stock, valued at approximately $661,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hurley Capital LLC purchased a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $26,000. Hoey Investments Inc. boosted its stake in VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 213 shares in the last quarter. Creekmur Asset Management LLC grew its position in VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 362 shares during the last quarter. RMG Wealth Management LLC bought a new position in VanEck Gold Miners ETF during the second quarter valued at approximately $34,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of VanEck Gold Miners ETF during the second quarter worth approximately $35,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $76.39 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $85.08. The firm has a market cap of $22.94 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The firm has a 50 day moving average price of $74.50 and a 200-day moving average price of $61.32.

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.