Nwam LLC lowered its position in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 143,970 shares of the exchange traded fund’s stock after selling 7,189 shares during the quarter. Nwam LLC’s holdings in VanEck Gold Miners ETF were worth $4,882,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Sprott Inc. increased its holdings in shares of VanEck Gold Miners ETF by 577.3% in the fourth quarter. Sprott Inc. now owns 76,594 shares of the exchange traded fund’s stock worth $2,597,000 after purchasing an additional 65,286 shares during the period. Rothschild Investment LLC increased its holdings in shares of VanEck Gold Miners ETF by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 500 shares during the period. Y Intercept Hong Kong Ltd bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at $4,713,000. Union Bancaire Privee UBP SA bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at $403,000. Finally, World Equity Group Inc. bought a new position in VanEck Gold Miners ETF in the fourth quarter valued at $293,000.
VanEck Gold Miners ETF Stock Up 1.2 %
GDX opened at $40.86 on Thursday. The stock has a market cap of $13.75 billion, a PE ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22. The business’s fifty day simple moving average is $37.84 and its 200 day simple moving average is $38.53.
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.
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