SG Americas Securities LLC Sells 82,837 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

SG Americas Securities LLC trimmed its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 36.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 146,634 shares of the exchange traded fund’s stock after selling 82,837 shares during the period. SG Americas Securities LLC’s holdings in VanEck Gold Miners ETF were worth $4,972,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. JBGlobal.com LLC purchased a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $394,000. Atomi Financial Group Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 462 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of VanEck Gold Miners ETF by 2.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 221,806 shares of the exchange traded fund’s stock worth $7,521,000 after purchasing an additional 4,709 shares in the last quarter. Maltin Wealth Management Inc. grew its stake in shares of VanEck Gold Miners ETF by 106.8% in the 4th quarter. Maltin Wealth Management Inc. now owns 12,798 shares of the exchange traded fund’s stock worth $434,000 after buying an additional 6,608 shares during the last quarter. Finally, BigSur Wealth Management LLC increased its position in VanEck Gold Miners ETF by 221.8% during the 4th quarter. BigSur Wealth Management LLC now owns 35,400 shares of the exchange traded fund’s stock valued at $1,200,000 after buying an additional 24,400 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 1.2 %

VanEck Gold Miners ETF stock opened at $37.95 on Friday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The company has a market capitalization of $15.17 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s fifty day simple moving average is $36.37 and its two-hundred day simple moving average is $37.94.

VanEck Gold Miners ETF 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.