J.W. Cole Advisors Inc. Has $1.95 Million Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

J.W. Cole Advisors Inc. cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,555 shares of the exchange traded fund’s stock after selling 4,556 shares during the period. J.W. Cole Advisors Inc.’s holdings in VanEck Gold Miners ETF were worth $1,952,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Eastern Bank acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Financial Connections Group Inc. acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Roxbury Financial LLC acquired a new position in VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Aptus Capital Advisors LLC grew its stake in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 329 shares during the period. Finally, St. Johns Investment Management Company LLC acquired a new position in VanEck Gold Miners ETF in the third quarter valued at about $49,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $41.08 on Tuesday. The stock has a market capitalization of $16.42 billion, a P/E ratio of 28.03 and a beta of 0.85. The business has a 50-day moving average of $37.24 and a 200-day moving average of $38.27. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22.

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.