MassMutual Private Wealth & Trust FSB Sells 8,627 Shares of VanEck Gold Miners ETF $GDX

MassMutual Private Wealth & Trust FSB cut its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 222,104 shares of the exchange traded fund’s stock after selling 8,627 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in VanEck Gold Miners ETF were worth $16,969,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. AQR Capital Management LLC raised 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 in the last quarter. Integrated Wealth Concepts LLC grew its stake in VanEck Gold Miners ETF by 9.8% in the first quarter. Integrated Wealth Concepts LLC now owns 28,911 shares of the exchange traded fund’s stock valued at $1,329,000 after purchasing an additional 2,588 shares in the last quarter. Arete Wealth Advisors LLC increased its position in shares of VanEck Gold Miners ETF by 40.6% during the 1st quarter. Arete Wealth Advisors LLC now owns 14,929 shares of the exchange traded fund’s stock worth $686,000 after purchasing an additional 4,311 shares during the last quarter. Integrity Alliance LLC. acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth approximately $254,000. Finally, Belpointe Asset Management LLC raised its stake in shares of VanEck Gold Miners ETF by 124.5% during the 1st quarter. Belpointe Asset Management LLC now owns 81,209 shares of the exchange traded fund’s stock worth $3,733,000 after purchasing an additional 45,034 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 4.2%

NYSEARCA GDX opened at $92.14 on Wednesday. VanEck Gold Miners ETF has a 12 month low of $34.87 and a 12 month high of $92.21. The stock has a 50 day moving average of $80.91 and a 200-day moving average of $69.45. The company has a market cap of $27.69 billion, a PE ratio of 21.70 and a beta of 0.55.

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.