Mesirow Financial Investment Management Inc. trimmed its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 15.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,112 shares of the exchange traded fund’s stock after selling 8,719 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in VanEck Gold Miners ETF were worth $4,212,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of GDX. Morton Brown Family Wealth LLC bought a new position in VanEck Gold Miners ETF in the 4th quarter valued at $36,000. Family Management Corp bought a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $38,000. Activest Wealth Management purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter valued at $50,000. Laurel Wealth Advisors LLC purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at $56,000. Finally, HHM Wealth Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 560.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 660 shares of the exchange traded fund’s stock worth $57,000 after purchasing an additional 560 shares during the last quarter.
VanEck Gold Miners ETF Price Performance
GDX stock opened at $93.95 on Friday. The company has a market capitalization of $28.95 billion, a PE ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a 12 month low of $45.24 and a 12 month high of $117.18. The firm’s 50-day moving average is $93.81 and its 200 day moving average is $91.37.
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.
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