OneDigital Investment Advisors LLC Cuts Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

OneDigital Investment Advisors LLC decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 57.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,569 shares of the exchange traded fund’s stock after selling 10,406 shares during the period. OneDigital Investment Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $257,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after purchasing an additional 294,034 shares during the period. Proficio Capital Partners LLC increased its position in VanEck Gold Miners ETF by 1,116.3% during the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock valued at $72,707,000 after purchasing an additional 1,967,832 shares during the period. Raymond James Financial Inc. purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $64,425,000. Strategic Financial Concepts LLC grew its position in shares of VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after buying an additional 1,771,440 shares during the last quarter. Finally, GLOBALT Investments LLC GA grew its position in shares of VanEck Gold Miners ETF by 1.4% in the 4th quarter. GLOBALT Investments LLC GA now owns 1,795,153 shares of the exchange traded fund’s stock worth $60,874,000 after buying an additional 25,061 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.3 %

Shares of VanEck Gold Miners ETF stock opened at $49.43 on Tuesday. The firm’s 50 day moving average price is $44.78 and its 200-day moving average price is $40.47. VanEck Gold Miners ETF has a 52-week low of $32.84 and a 52-week high of $53.25. The company has a market cap of $15.66 billion, a P/E ratio of 20.72 and a beta of 0.84.

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.