Teacher Retirement System of Texas Sells 765,900 Shares of VanEck Gold Miners ETF $GDX

Teacher Retirement System of Texas cut its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 92.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,100 shares of the exchange traded fund’s stock after selling 765,900 shares during the period. Teacher Retirement System of Texas’ holdings in VanEck Gold Miners ETF were worth $5,584,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. M&T Bank Corp lifted its stake in VanEck Gold Miners ETF by 7,491.6% in the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after buying an additional 1,998,748 shares during the period. Rafferty Asset Management LLC lifted its stake in VanEck Gold Miners ETF by 30.0% in the second 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 during the period. Menora Mivtachim Holdings LTD. acquired a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $70,231,000. Meitav Investment House Ltd. lifted its stake in VanEck Gold Miners ETF by 3,846.2% in the third quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock valued at $54,725,000 after buying an additional 700,000 shares during the period. Finally, Parker Investment Management LLC acquired a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $52,704,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $94.34 on Monday. VanEck Gold Miners ETF has a 52-week low of $45.10 and a 52-week high of $117.18. The business’s 50 day moving average price is $97.71 and its two-hundred day moving average price is $90.11. The firm has a market cap of $29.35 billion, a PE ratio of 21.70 and a beta of 0.71.

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.