Stephens Inc. AR decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 4.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 81,429 shares of the exchange traded fund’s stock after selling 3,829 shares during the period. Stephens Inc. AR’s holdings in VanEck Gold Miners ETF were worth $3,242,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in GDX. Mirae Asset Global Investments Co. Ltd. increased its position in shares of VanEck Gold Miners ETF by 6.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 44,000 shares of the exchange traded fund’s stock worth $1,391,000 after purchasing an additional 2,500 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of VanEck Gold Miners ETF by 19.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 403,731 shares of the exchange traded fund’s stock worth $12,766,000 after purchasing an additional 67,014 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of VanEck Gold Miners ETF by 21.7% during the 1st quarter. Proficio Capital Partners LLC now owns 125,216 shares of the exchange traded fund’s stock worth $3,959,000 after purchasing an additional 22,329 shares in the last quarter. RIA Advisory Group LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 1st quarter worth about $1,493,000. Finally, Clarity Capital Partners LLC increased its position in shares of VanEck Gold Miners ETF by 2.9% during the 1st quarter. Clarity Capital Partners LLC now owns 53,783 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 1,520 shares in the last quarter.
VanEck Gold Miners ETF Stock Down 1.2 %
Shares of VanEck Gold Miners ETF stock opened at $39.85 on Monday. The stock has a market capitalization of $15.93 billion, a P/E ratio of 28.03 and a beta of 0.85. The company has a 50-day simple moving average of $39.95 and a 200 day simple moving average of $37.11. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22.
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.
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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
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