Apollon Wealth Management LLC Buys 8,228 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Apollon Wealth Management LLC grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 22.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 44,093 shares of the exchange traded fund’s stock after buying an additional 8,228 shares during the quarter. Apollon Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Nations Financial Group Inc. IA ADV lifted its holdings in VanEck Gold Miners ETF by 17.4% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 65,010 shares of the exchange traded fund’s stock worth $2,589,000 after buying an additional 9,656 shares during the period. Tyler Stone Wealth Management lifted its holdings in VanEck Gold Miners ETF by 100.5% in the 3rd quarter. Tyler Stone Wealth Management now owns 40,457 shares of the exchange traded fund’s stock worth $1,611,000 after buying an additional 20,276 shares during the period. Axxcess Wealth Management LLC lifted its holdings in VanEck Gold Miners ETF by 3.7% in the 3rd quarter. Axxcess Wealth Management LLC now owns 131,666 shares of the exchange traded fund’s stock worth $5,243,000 after buying an additional 4,692 shares during the period. Proficio Capital Partners LLC lifted its holdings in VanEck Gold Miners ETF by 19.5% in the 3rd quarter. Proficio Capital Partners LLC now owns 176,276 shares of the exchange traded fund’s stock worth $7,019,000 after buying an additional 28,780 shares during the period. Finally, Executive Wealth Management LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $207,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $35.57 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a 50 day simple moving average of $39.92 and a two-hundred day simple moving average of $37.37. The stock has a market cap of $14.22 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.