1,733 Shares in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) Bought by Westside Investment Management Inc.

Westside Investment Management Inc. purchased a new position in shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,733 shares of the exchange traded fund’s stock, valued at approximately $44,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Keybank National Association OH raised its position in VanEck Vectors Gold Miners ETF by 2.0% during the first quarter. Keybank National Association OH now owns 51,000 shares of the exchange traded fund’s stock worth $1,143,000 after acquiring an additional 1,000 shares during the period. Farmers National Bank acquired a new position in VanEck Vectors Gold Miners ETF during the first quarter worth $63,000. JPMorgan Chase & Co. raised its position in VanEck Vectors Gold Miners ETF by 157.0% during the first quarter. JPMorgan Chase & Co. now owns 11,344,570 shares of the exchange traded fund’s stock worth $254,346,000 after acquiring an additional 6,930,110 shares during the period. Geneva Partners LLC acquired a new position in VanEck Vectors Gold Miners ETF during the first quarter worth $235,000. Finally, Gradient Investments LLC raised its position in VanEck Vectors Gold Miners ETF by 64.5% during the first quarter. Gradient Investments LLC now owns 35,531 shares of the exchange traded fund’s stock worth $797,000 after acquiring an additional 13,938 shares during the period.

NYSEARCA:GDX traded up $0.82 during trading hours on Wednesday, reaching $29.49. 2,725,279 shares of the company were exchanged, compared to its average volume of 45,774,457. The stock has a 50-day moving average of $26.41. VanEck Vectors Gold Miners ETF has a twelve month low of $17.28 and a twelve month high of $29.01.

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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