VanEck Gold Miners ETF $GDX Shares Sold by Regal Partners Ltd

Regal Partners Ltd cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.6% in the 1st quarter, Holdings Channel reports. The firm owned 20,391 shares of the exchange traded fund’s stock after selling 15,160 shares during the quarter. Regal Partners Ltd’s holdings in VanEck Gold Miners ETF were worth $1,871,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in GDX. Avalon Trust Co acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at approximately $26,000. Eukles Asset Management bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth about $27,000. Bayban acquired a new stake in shares of VanEck Gold Miners ETF in the 4th quarter worth about $27,000. Princeton Global Asset Management LLC bought a new stake in VanEck Gold Miners ETF in the 1st quarter valued at about $27,000. Finally, Evolution Wealth Management Inc. bought a new position in VanEck Gold Miners ETF in the 1st quarter worth about $33,000.

VanEck Gold Miners ETF Trading Down 2.0%

GDX opened at $74.21 on Wednesday. The business’s 50 day moving average is $79.26 and its 200-day moving average is $90.98. The stock has a market cap of $22.70 billion, a PE ratio of 21.70 and a beta of 0.65. VanEck Gold Miners ETF has a twelve month low of $51.37 and a twelve month high of $117.18.

VanEck Gold Miners ETF 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.