Capula Management Ltd Trims Holdings in VanEck Gold Miners ETF $GDX

Capula Management Ltd lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 51.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 9,196 shares of the exchange traded fund’s stock after selling 9,564 shares during the quarter. Capula Management Ltd’s holdings in VanEck Gold Miners ETF were worth $844,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Delta Asset Management LLC TN raised its holdings in shares of VanEck Gold Miners ETF by 9.1% during the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 100 shares during the period. Clear Creek Financial Management LLC increased its position in VanEck Gold Miners ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock worth $1,171,000 after purchasing an additional 112 shares during the last quarter. Midwest Trust Co boosted its holdings in 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 last quarter. O Shaughnessy Asset Management LLC boosted its holdings in 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 last quarter. Finally, Conservest Capital Advisors Inc. grew its stake in shares of 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 buying an additional 123 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $75.02 on Friday. The company has a market capitalization of $22.94 billion, a P/E ratio of 21.70 and a beta of 0.65. The company has a 50 day simple moving average of $79.93 and a 200-day simple moving average of $91.31. VanEck Gold Miners ETF has a 1 year low of $51.37 and a 1 year high of $117.18.

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.