Ethos Financial Group LLC Has $101,000 Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Ethos Financial Group LLC lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 48.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,971 shares of the exchange traded fund’s stock after selling 2,750 shares during the quarter. Ethos Financial Group LLC’s holdings in VanEck Gold Miners ETF were worth $101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in GDX. Proficio Capital Partners LLC lifted its position in shares of VanEck Gold Miners ETF by 1,116.3% in the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after buying an additional 1,967,832 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth about $76,065,000. Raymond James Financial Inc. acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter worth about $64,425,000. Strategic Financial Concepts LLC lifted its position in shares of VanEck Gold Miners ETF by 3,704.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after buying an additional 1,771,440 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth about $35,838,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $41.64 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $28.91 and a fifty-two week high of $44.22. The business has a 50-day moving average of $38.55 and a two-hundred day moving average of $38.64. The stock has a market capitalization of $14.01 billion, a P/E ratio of 22.76 and a beta of 0.96.

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.