5 Best Stocks to Buy Under $30 According to Bruce Kovner’s Caxton Associates

4. VanEck Vectors Gold Miners ETF (NYSE:GDX) 

Caxton Associates’ Stake Value: $1,359,000

Stock Price as of October 4: $29.67

Number of Hedge Fund Holders: 33

VanEck Vectors Gold Miners ETF (NYSE:GDX) is the fourth stock on our comprehensive list. VanEck Vectors Gold Miners ETF (NYSE:GDX) is an exchange traded fund that invests in equity stocks of global gold and silver producers that have a high market capitalization. The ETF has a market cap of $14.66 billion. 

Caxton Associates owns 40,000 shares in VanEck Vectors Gold Miners ETF (NYSE:GDX), worth $1.35 million. At the end of the second quarter of 2021, 33 hedge funds in Insider Monkey’s database held stakes in the ETF amounting to $268.3 million, down from 34 in the previous quarter with stakes worth over $300.5 million.