Balefire LLC Sells 17,312 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Balefire LLC cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,272 shares of the exchange traded fund’s stock after selling 17,312 shares during the period. Balefire LLC’s holdings in VanEck Gold Miners ETF were worth $2,633,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 33.7% during the fourth quarter. Rafferty Asset Management LLC now owns 9,282,123 shares of the exchange traded fund’s stock worth $314,757,000 after purchasing an additional 2,342,211 shares during the period. Proficio Capital Partners LLC grew its holdings in VanEck Gold Miners ETF by 1,116.3% in 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 buying an additional 1,967,832 shares in the last quarter. Raymond James Financial Inc. bought a new position in VanEck Gold Miners ETF during the 4th quarter worth $64,425,000. Two Sigma Investments LP lifted its holdings in shares of VanEck Gold Miners ETF by 68.7% during the fourth quarter. Two Sigma Investments LP now owns 3,851,200 shares of the exchange traded fund’s stock worth $130,594,000 after buying an additional 1,567,800 shares in the last quarter. Finally, Schroder Investment Management Group lifted its holdings in shares of VanEck Gold Miners ETF by 298.3% during the fourth quarter. Schroder Investment Management Group now owns 1,793,072 shares of the exchange traded fund’s stock worth $60,552,000 after buying an additional 1,342,885 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $51.92 on Thursday. The firm has a 50-day moving average of $50.39 and a 200-day moving average of $43.73. VanEck Gold Miners ETF has a 52-week low of $33.28 and a 52-week high of $54.70. The stock has a market cap of $15.79 billion, a PE ratio of 21.70 and a beta of 0.55.

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.