VanEck Gold Miners ETF $GDX Shares Sold by GLOBALT Investments LLC GA

GLOBALT Investments LLC GA lowered its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,080,792 shares of the exchange traded fund’s stock after selling 19,393 shares during the period. VanEck Gold Miners ETF comprises 3.0% of GLOBALT Investments LLC GA’s portfolio, making the stock its 7th largest holding. GLOBALT Investments LLC GA owned approximately 0.37% of VanEck Gold Miners ETF worth $82,573,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GDX. Rafferty Asset Management LLC raised 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 buying an additional 1,503,884 shares in the last quarter. JPMorgan Chase & Co. increased its stake in VanEck Gold Miners ETF by 766.7% in the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock valued at $207,091,000 after acquiring an additional 4,574,598 shares during the period. Slate Path Capital LP acquired a new position in VanEck Gold Miners ETF in the second quarter worth about $123,070,000. Pureheart Capital Pte Ltd. lifted its stake in VanEck Gold Miners ETF by 1.4% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after purchasing an additional 19,000 shares during the period. Finally, Teacher Retirement System of Texas lifted its stake in VanEck Gold Miners ETF by 99.1% during the second quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock worth $67,990,000 after purchasing an additional 650,000 shares during the period.

VanEck Gold Miners ETF Trading Up 0.1%

NYSEARCA GDX opened at $90.27 on Wednesday. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $91.05. The company has a market capitalization of $27.11 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The stock’s 50 day moving average is $78.45 and its two-hundred day moving average is $66.96.

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.