7,725 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Acquired by Doliver Advisors LP

Doliver Advisors LP purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 7,725 shares of the exchange traded fund’s stock, valued at approximately $262,000.

Several other large investors have also recently modified their holdings of GDX. Principal Financial Group Inc. acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $1,081,000. Victory Capital Management Inc. bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $12,977,000. Certuity LLC acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at about $235,000. Ashton Thomas Private Wealth LLC bought a new position in shares of VanEck Gold Miners ETF during the second quarter worth about $49,000. Finally, Choreo LLC lifted its stake in shares of VanEck Gold Miners ETF by 9.8% in the second quarter. Choreo LLC now owns 7,355 shares of the exchange traded fund’s stock worth $249,000 after acquiring an additional 656 shares during the period.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $34.58 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a 50 day simple moving average of $36.94 and a two-hundred day simple moving average of $37.80. The company has a market capitalization of $13.82 billion, a PE ratio of 28.03 and a beta of 0.85.

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.