Sava Penzisko Drushtvo A.D. Skopje Has $12.87 Million Stock Position in VanEck Gold Miners ETF $GDX

Sava Penzisko Drushtvo A.D. Skopje decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 16.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 150,075 shares of the exchange traded fund’s stock after selling 30,000 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 4.2% of Sava Penzisko Drushtvo A.D. Skopje’s holdings, making the stock its 8th largest position. Sava Penzisko Drushtvo A.D. Skopje’s holdings in VanEck Gold Miners ETF were worth $12,872,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Eukles Asset Management bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at about $27,000. Morton Brown Family Wealth LLC bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at about $36,000. Hantz Financial Services Inc. boosted its stake in VanEck Gold Miners ETF by 298.2% during the fourth quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 337 shares in the last quarter. Family Management Corp bought a new position in VanEck Gold Miners ETF during the third quarter valued at about $38,000. Finally, Greykasell Wealth Strategies Inc. bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at about $51,000.

VanEck Gold Miners ETF Trading Up 5.3%

Shares of VanEck Gold Miners ETF stock opened at $77.72 on Friday. The stock has a 50-day moving average price of $90.55 and a 200 day moving average price of $92.88. The company has a market cap of $23.95 billion, a P/E ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 1 year low of $50.32 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.