Hudson Value Partners LLC Invests $853,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

Hudson Value Partners LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,419 shares of the exchange traded fund’s stock, valued at approximately $853,000.

Other large investors also recently modified their holdings of the company. Centennial Wealth Advisory LLC grew its holdings in shares of VanEck Gold Miners ETF by 2.7% during the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 267 shares during the last quarter. Morton Capital Management LLC CA boosted its stake in VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock valued at $3,007,000 after purchasing an additional 287 shares during the period. Mather Group LLC. grew its position in VanEck Gold Miners ETF by 21.3% in the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 288 shares during the last quarter. Summit Wealth Partners LLC increased its stake in shares of VanEck Gold Miners ETF by 3.6% in the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 298 shares during the period. Finally, Citizens National Bank Trust Department raised its holdings in shares of VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after buying an additional 308 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $39.57 on Friday. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The business has a fifty day moving average of $40.00 and a 200-day moving average of $37.25. The stock has a market cap of $15.82 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.