VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by GFS Advisors LLC

GFS Advisors LLC lowered its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 49,795 shares of the exchange traded fund’s stock after selling 2,632 shares during the quarter. GFS Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,689,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GDX. 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 worth $299,000 after purchasing an additional 462 shares during the period. Fifth Third Wealth Advisors LLC raised its position in VanEck Gold Miners ETF by 12.8% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 1,301 shares during the last quarter. CWM LLC lifted its stake in VanEck Gold Miners ETF by 55.8% during the 3rd quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock valued at $744,000 after acquiring an additional 6,694 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at $438,000. Finally, SMART Wealth LLC boosted its holdings in shares of VanEck Gold Miners ETF by 2.0% in the 3rd quarter. SMART Wealth LLC now owns 28,658 shares of the exchange traded fund’s stock valued at $1,141,000 after acquiring an additional 572 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $38.96 on Friday. The stock has a market cap of $15.57 billion, a PE ratio of 28.03 and a beta of 0.85. The firm has a fifty day moving average price of $36.42 and a 200 day moving average price of $37.97. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year 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.