Simplicity Wealth LLC trimmed its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 37.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,552 shares of the exchange traded fund’s stock after selling 8,142 shares during the quarter. Simplicity Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $1,162,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its holdings in VanEck Gold Miners ETF by 106.2% during the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 12,408 shares during the period. Invesco Ltd. acquired a new position in VanEck Gold Miners ETF during the second quarter worth about $31,236,000. Natixis grew its holdings in VanEck Gold Miners ETF by 196.1% during the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after acquiring an additional 17,716 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of VanEck Gold Miners ETF by 194.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after purchasing an additional 24,022 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $846,000.
VanEck Gold Miners ETF Trading Up 2.4%
NYSEARCA:GDX opened at $88.29 on Friday. VanEck Gold Miners ETF has a twelve month low of $45.10 and a twelve month high of $117.18. The company has a 50-day moving average of $96.60 and a 200-day moving average of $90.28. The firm has a market cap of $27.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.71.
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.
See Also
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