DV Trading LLC Has $3.04 Million Holdings in VanEck Gold Miners ETF $GDX

DV Trading LLC cut its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,170 shares of the exchange traded fund’s stock after selling 24,525 shares during the period. VanEck Gold Miners ETF accounts for about 0.1% of DV Trading LLC’s investment portfolio, making the stock its 24th largest position. DV Trading LLC’s holdings in VanEck Gold Miners ETF were worth $3,044,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Delta Asset Management LLC TN grew its stake in shares of VanEck Gold Miners ETF by 9.1% in the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 100 shares in the last quarter. Clear Creek Financial Management LLC raised its position in VanEck Gold Miners ETF by 0.8% during the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock valued at $1,171,000 after acquiring an additional 112 shares in the last quarter. Midwest Trust Co raised its position in VanEck Gold Miners ETF by 2.8% during the first quarter. Midwest Trust Co now owns 4,169 shares of the exchange traded fund’s stock valued at $383,000 after acquiring an additional 115 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in VanEck Gold Miners ETF by 5.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,451 shares of the exchange traded fund’s stock valued at $210,000 after acquiring an additional 117 shares during the last quarter. Finally, Conservest Capital Advisors Inc. lifted its stake in VanEck Gold Miners ETF by 4.1% in the first quarter. Conservest Capital Advisors Inc. now owns 3,126 shares of the exchange traded fund’s stock valued at $287,000 after acquiring an additional 123 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 3.5%

GDX stock opened at $74.10 on Friday. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. VanEck Gold Miners ETF has a 12 month low of $51.37 and a 12 month high of $117.18. The firm has a 50 day moving average of $78.61 and a two-hundred day moving average of $90.62.

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.