SMART Wealth LLC lowered its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 21.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,402 shares of the exchange traded fund’s stock after selling 7,368 shares during the quarter. SMART Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $2,515,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of the business. Advisory Alpha LLC bought a new position in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $455,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth $848,000. Redhawk Wealth Advisors Inc. grew its stake in VanEck Gold Miners ETF by 1,433.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 94,010 shares of the exchange traded fund’s stock valued at $8,063,000 after buying an additional 87,880 shares during the last quarter. Sanders Morris Harris LLC acquired a new position in VanEck Gold Miners ETF in the 4th quarter valued at $867,000. Finally, Mainstay Capital Management LLC ADV bought a new position in VanEck Gold Miners ETF in the 3rd quarter worth $1,421,000.
VanEck Gold Miners ETF Price Performance
VanEck Gold Miners ETF stock opened at $75.45 on Wednesday. The firm has a market cap of $23.25 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a fifty-two week low of $50.35 and a fifty-two week high of $117.18. The firm has a fifty day moving average price of $86.03 and a two-hundred day moving average price of $92.78.
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.
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