Parkside Investments LLC Sells 30,000 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Parkside Investments LLC lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Get Rating) by 75.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,000 shares of the exchange traded fund’s stock after selling 30,000 shares during the quarter. Parkside Investments LLC’s holdings in VanEck Gold Miners ETF were worth $287,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GDX. Raymond James Trust N.A. boosted its position in shares of VanEck Gold Miners ETF by 7.5% in the 1st quarter. Raymond James Trust N.A. now owns 12,539 shares of the exchange traded fund’s stock worth $481,000 after purchasing an additional 875 shares in the last quarter. Allianz Asset Management GmbH acquired a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth $59,000. Covestor Ltd boosted its position in shares of VanEck Gold Miners ETF by 21,728.6% in the 1st quarter. Covestor Ltd now owns 1,528 shares of the exchange traded fund’s stock worth $59,000 after purchasing an additional 1,521 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth $591,000. Finally, NewEdge Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 277.7% in the 1st quarter. NewEdge Advisors LLC now owns 115,063 shares of the exchange traded fund’s stock worth $4,414,000 after purchasing an additional 84,596 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $30.58 on Friday. The stock has a market capitalization of $13.03 billion, a price-to-earnings ratio of 15.72 and a beta of 0.72. VanEck Gold Miners ETF has a 1-year low of $21.52 and a 1-year high of $41.60. The business has a fifty day moving average price of $29.96 and a 200-day moving average price of $27.54.

About VanEck Gold Miners ETF

(Get Rating)

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.