Nan Shan Life Insurance Co. Ltd. Has $5.62 Million Holdings in VanEck Gold Miners ETF $GDX

Nan Shan Life Insurance Co. Ltd. trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 87.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 74,528 shares of the exchange traded fund’s stock after selling 511,852 shares during the quarter. Nan Shan Life Insurance Co. Ltd.’s holdings in VanEck Gold Miners ETF were worth $5,623,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Axiom Investment Management LLC bought a new position in VanEck Gold Miners ETF during the 1st quarter worth $934,000. Sequent Planning LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth $491,000. Rit Capital Partners PLC increased its position in shares of VanEck Gold Miners ETF by 74.7% in the fourth quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after purchasing an additional 512,000 shares during the period. Primoris Wealth Advisors LLC increased its position in shares of VanEck Gold Miners ETF by 405.6% in the fourth quarter. Primoris Wealth Advisors LLC now owns 27,300 shares of the exchange traded fund’s stock worth $2,342,000 after purchasing an additional 21,900 shares during the period. Finally, Money Concepts Capital Corp raised its stake in VanEck Gold Miners ETF by 9.5% in the fourth quarter. Money Concepts Capital Corp now owns 88,658 shares of the exchange traded fund’s stock valued at $7,604,000 after purchasing an additional 7,725 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 3.9%

GDX opened at $94.67 on Wednesday. VanEck Gold Miners ETF has a twelve month low of $63.20 and a twelve month high of $117.18. The company has a 50-day simple moving average of $83.02 and a 200 day simple moving average of $89.36. The stock has a market capitalization of $28.88 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65.

About VanEck Gold Miners ETF

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.