Financial Services Advisory Inc increased its position in shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 324.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 216,887 shares of the exchange traded fund’s stock after purchasing an additional 165,736 shares during the period. VanEck Vectors Gold Miners ETF accounts for 3.6% of Financial Services Advisory Inc’s portfolio, making the stock its 11th largest holding. Financial Services Advisory Inc’s holdings in VanEck Vectors Gold Miners ETF were worth $5,544,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its position in shares of VanEck Vectors Gold Miners ETF by 15.1% in the fourth quarter. Bank of New York Mellon Corp now owns 31,281 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 4,115 shares during the last quarter. Northern Trust Corp acquired a new stake in shares of VanEck Vectors Gold Miners ETF in the fourth quarter valued at about $243,000. Deutsche Bank AG acquired a new stake in VanEck Vectors Gold Miners ETF during the fourth quarter worth about $707,971,000. Cumberland Advisors Inc. increased its position in VanEck Vectors Gold Miners ETF by 5.6% during the first quarter. Cumberland Advisors Inc. now owns 531,410 shares of the exchange traded fund’s stock worth $11,914,000 after purchasing an additional 28,340 shares during the last quarter. Finally, Intl Fcstone Inc. acquired a new stake in VanEck Vectors Gold Miners ETF during the first quarter worth about $248,000.

VanEck Vectors Gold Miners ETF stock traded up $0.19 during midday trading on Monday, hitting $27.47. 996,944 shares of the stock were exchanged, compared to its average volume of 44,409,563. VanEck Vectors Gold Miners ETF has a fifty-two week low of $17.28 and a fifty-two week high of $28.41. The stock’s 50-day moving average price is $25.36.

VanEck Vectors 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.

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Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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