Euro Pacific Asset Management LLC Sells 2,472 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Euro Pacific Asset Management LLC lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 21.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,238 shares of the exchange traded fund’s stock after selling 2,472 shares during the quarter. Euro Pacific Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quadrature Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter worth $76,065,000. Carrhae Capital LLP purchased a new stake in VanEck Gold Miners ETF in the third quarter valued at about $43,073,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in VanEck Gold Miners ETF in the third quarter worth about $35,838,000. Fiduciary Family Office LLC purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth about $25,807,000. Finally, Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of VanEck Gold Miners ETF by 70.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after acquiring an additional 760,722 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 1.2 %

Shares of VanEck Gold Miners ETF stock opened at $37.95 on Friday. The company has a 50 day moving average price of $36.37 and a 200 day moving average price of $37.94. The firm has a market capitalization of $15.17 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22.

VanEck 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.