Global Retirement Partners LLC Has $2.01 Million Position in VanEck Gold Miners ETF $GDX

Global Retirement Partners LLC increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 73.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,483 shares of the exchange traded fund’s stock after buying an additional 9,931 shares during the quarter. Global Retirement Partners LLC’s holdings in VanEck Gold Miners ETF were worth $2,014,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Fortis Group Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 3.7% during the fourth quarter. Fortis Group Advisors LLC now owns 44,678 shares of the exchange traded fund’s stock worth $4,209,000 after purchasing an additional 1,611 shares during the period. IFP Advisors Inc raised its position in VanEck Gold Miners ETF by 107.0% during the fourth quarter. IFP Advisors Inc now owns 64,186 shares of the exchange traded fund’s stock valued at $5,505,000 after acquiring an additional 33,178 shares in the last quarter. PNC Financial Services Group Inc. raised its position in VanEck Gold Miners ETF by 2.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 40,458 shares of the exchange traded fund’s stock valued at $3,470,000 after acquiring an additional 986 shares in the last quarter. L.K. Benson & Company P.C. bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at approximately $220,000. Finally, Sequent Planning LLC bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at approximately $491,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $85.02 on Friday. The firm has a market cap of $26.19 billion, a PE ratio of 21.70 and a beta of 0.61. The firm’s 50 day moving average price is $91.80 and its 200 day moving average price is $91.84. VanEck Gold Miners ETF has a twelve month low of $49.34 and a twelve month high of $117.18.

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.