Prospera Financial Services Inc Has $25.39 Million Stock Position in VanEck Gold Miners ETF $GDX

Prospera Financial Services Inc reduced its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 296,011 shares of the exchange traded fund’s stock after selling 6,005 shares during the period. Prospera Financial Services Inc owned 0.10% of VanEck Gold Miners ETF worth $25,390,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in GDX. M&T Bank Corp boosted its holdings in VanEck Gold Miners ETF by 7,491.6% during the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after buying an additional 1,998,748 shares during the last quarter. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after acquiring an additional 1,503,884 shares during the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at about $70,231,000. Parker Investment Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at approximately $52,704,000. Finally, Rit Capital Partners PLC acquired a new stake in shares of VanEck Gold Miners ETF in the 3rd quarter valued at approximately $52,320,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $85.02 on Friday. The company has a market capitalization of $26.19 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. The firm’s 50 day simple moving average is $91.80 and its 200 day simple moving average is $91.84. VanEck Gold Miners ETF has a fifty-two week low of $49.34 and a fifty-two week 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.