VanEck Gold Miners ETF $GDX Shares Sold by Panview Capital Ltd

Panview Capital Ltd reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 768,300 shares of the exchange traded fund’s stock after selling 8,000 shares during the quarter. VanEck Gold Miners ETF makes up about 12.7% of Panview Capital Ltd’s portfolio, making the stock its 3rd largest holding. Panview Capital Ltd owned about 0.26% of VanEck Gold Miners ETF worth $39,998,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of GDX. Bank of New York Mellon Corp boosted its holdings in VanEck Gold Miners ETF by 18.8% in the first quarter. Bank of New York Mellon Corp now owns 10,992 shares of the exchange traded fund’s stock valued at $505,000 after acquiring an additional 1,741 shares during the last quarter. Stratos Wealth Advisors LLC grew its holdings in VanEck Gold Miners ETF by 17.0% during the 1st quarter. Stratos Wealth Advisors LLC now owns 8,100 shares of the exchange traded fund’s stock worth $372,000 after acquiring an additional 1,178 shares during the period. M&T Bank Corp grew its holdings in VanEck Gold Miners ETF by 4.0% during the 1st quarter. M&T Bank Corp now owns 26,110 shares of the exchange traded fund’s stock worth $1,200,000 after acquiring an additional 1,000 shares during the period. Moloney Securities Asset Management LLC bought a new position in shares of VanEck Gold Miners ETF in the 1st quarter worth about $215,000. Finally, Allworth Financial LP raised its position in shares of VanEck Gold Miners ETF by 22.8% in the 1st quarter. Allworth Financial LP now owns 3,961 shares of the exchange traded fund’s stock worth $197,000 after acquiring an additional 735 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $72.55 on Friday. The stock has a market capitalization of $21.79 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $85.08. The business has a 50 day simple moving average of $72.79 and a 200 day simple moving average of $59.69.

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.