Spire Wealth Management Grows Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Spire Wealth Management increased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,757 shares of the exchange traded fund’s stock after purchasing an additional 8,848 shares during the period. Spire Wealth Management’s holdings in VanEck Gold Miners ETF were worth $896,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Centennial Wealth Advisory LLC lifted its stake in shares of VanEck Gold Miners ETF by 4.3% in the second quarter. Centennial Wealth Advisory LLC now owns 7,749 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 317 shares in the last quarter. SouthState Corp lifted its position in VanEck Gold Miners ETF by 7.3% in the 1st quarter. SouthState Corp now owns 4,770 shares of the exchange traded fund’s stock valued at $154,000 after acquiring an additional 325 shares in the last quarter. Clifford Swan Investment Counsel LLC lifted its position in VanEck Gold Miners ETF by 1.2% in the 1st quarter. Clifford Swan Investment Counsel LLC now owns 30,402 shares of the exchange traded fund’s stock valued at $984,000 after acquiring an additional 349 shares in the last quarter. Gainplan LLC boosted its stake in VanEck Gold Miners ETF by 1.1% during the 2nd quarter. Gainplan LLC now owns 31,222 shares of the exchange traded fund’s stock valued at $940,000 after purchasing an additional 352 shares during the last quarter. Finally, Americana Partners LLC increased its holdings in shares of VanEck Gold Miners ETF by 3.4% in the 1st quarter. Americana Partners LLC now owns 11,399 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 376 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $28.20 on Thursday. The stock has a market capitalization of $11.29 billion, a P/E ratio of 15.72 and a beta of 0.77. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The business has a fifty day moving average price of $28.31 and a 200-day moving average price of $29.93.

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.