American Institute for Advanced Investment Management LLP Invests $207,000 in VanEck Gold Miners ETF (NYSEARCA:GDX)

American Institute for Advanced Investment Management LLP acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,210 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC increased its position in VanEck Gold Miners ETF by 26.3% in the 1st quarter. Park Avenue Securities LLC now owns 17,921 shares of the exchange traded fund’s stock valued at $567,000 after acquiring an additional 3,730 shares during the period. AdvisorNet Financial Inc lifted its stake in shares of VanEck Gold Miners ETF by 22.1% in the first quarter. AdvisorNet Financial Inc now owns 5,405 shares of the exchange traded fund’s stock worth $171,000 after acquiring an additional 980 shares during the period. Global Assets Advisory LLC acquired a new position in shares of VanEck Gold Miners ETF in the 1st quarter worth approximately $1,128,000. Kingswood Wealth Advisors LLC boosted its position in VanEck Gold Miners ETF by 3.5% during the first quarter. Kingswood Wealth Advisors LLC now owns 12,533 shares of the exchange traded fund’s stock valued at $396,000 after acquiring an additional 428 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in VanEck Gold Miners ETF by 8.8% during the 1st quarter. Brookstone Capital Management now owns 20,853 shares of the exchange traded fund’s stock worth $659,000 after acquiring an additional 1,682 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX traded down $1.21 during midday trading on Thursday, reaching $42.05. The company’s stock had a trading volume of 8,038,626 shares, compared to its average volume of 22,345,164. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The firm has a 50 day moving average price of $39.62 and a two-hundred day moving average price of $36.75. The firm has a market capitalization of $16.81 billion, a price-to-earnings 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.