21,419 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Acquired by Hudson Value Partners LLC

Hudson Value Partners LLC purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 21,419 shares of the exchange traded fund’s stock, valued at approximately $853,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Beacon Capital Management LLC lifted its holdings in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $28,000. Cedar Wealth Management LLC lifted its position in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares in the last quarter. Eagle Bay Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 575 shares during the period. Finally, Studio Investment Management LLC grew its holdings in VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $39.57 on Friday. The stock has a market cap of $15.82 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.67 and a 1-year high of $44.22. The firm has a 50-day moving average of $40.00 and a two-hundred day moving average of $37.25.

VanEck Gold Miners ETF 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.