Clearwater Capital Advisors LLC Has $25.86 Million Stake in VanEck Gold Miners ETF $GDX

Clearwater Capital Advisors LLC reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 14.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 281,825 shares of the exchange traded fund’s stock after selling 48,606 shares during the quarter. VanEck Gold Miners ETF accounts for 2.1% of Clearwater Capital Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Clearwater Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $25,863,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in GDX. Delta Asset Management LLC TN grew its position in shares of VanEck Gold Miners ETF by 9.1% in the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 100 shares during the period. Clear Creek Financial Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 0.8% in the 4th quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock valued at $1,171,000 after purchasing an additional 112 shares during the period. Midwest Trust Co raised its holdings in shares of VanEck Gold Miners ETF by 2.8% in the 1st quarter. Midwest Trust Co now owns 4,169 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 115 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 5.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,451 shares of the exchange traded fund’s stock valued at $210,000 after purchasing an additional 117 shares during the period. Finally, Conservest Capital Advisors Inc. lifted its stake in VanEck Gold Miners ETF by 4.1% in the 1st quarter. Conservest Capital Advisors Inc. now owns 3,126 shares of the exchange traded fund’s stock valued at $287,000 after purchasing an additional 123 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $76.68 on Thursday. VanEck Gold Miners ETF has a 52 week low of $51.37 and a 52 week high of $117.18. The stock has a market capitalization of $23.42 billion, a P/E ratio of 21.70 and a beta of 0.65. The stock has a 50-day simple moving average of $80.30 and a 200 day simple moving average of $91.38.

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.