Caxton Associates LLP Has $253,000 Position in VanEck Gold Miners ETF $GDX

Caxton Associates LLP lessened its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 88.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,754 shares of the exchange traded fund’s stock after selling 21,565 shares during the period. Caxton Associates LLP’s holdings in VanEck Gold Miners ETF were worth $253,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Bank of Nova Scotia raised its holdings in shares of VanEck Gold Miners ETF by 282.0% in the 1st quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock valued at $247,133,000 after purchasing an additional 1,987,920 shares during the period. Sei Investments Co. bought a new position in VanEck Gold Miners ETF during the first quarter worth about $1,471,000. Mizuho Markets Cayman LP bought a new position in VanEck Gold Miners ETF during the first quarter worth about $2,628,000. Dynamic Wealth Strategies LLC increased its position in VanEck Gold Miners ETF by 1.3% during the first quarter. Dynamic Wealth Strategies LLC now owns 34,472 shares of the exchange traded fund’s stock worth $3,163,000 after buying an additional 446 shares during the last quarter. Finally, Petra Financial Advisors Inc. increased its position in VanEck Gold Miners ETF by 4.7% during the first quarter. Petra Financial Advisors Inc. now owns 11,449 shares of the exchange traded fund’s stock worth $1,051,000 after buying an additional 515 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 2.0%

NYSEARCA:GDX opened at $74.21 on Wednesday. The stock’s 50 day moving average price is $79.26 and its two-hundred day moving average price is $90.98. The firm has a market capitalization of $22.70 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. VanEck Gold Miners ETF has a 12-month low of $51.37 and a 12-month high of $117.18.

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.