Horizon Kinetics Asset Management LLC Has $377,000 Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Horizon Kinetics Asset Management LLC lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 10.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,127 shares of the exchange traded fund’s stock after selling 1,235 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $377,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Roxbury Financial LLC acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth approximately $25,000. Eastern Bank acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth $25,000. Financial Connections Group Inc. bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $25,000. Aptus Capital Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 329 shares in the last quarter. Finally, Rothschild Investment LLC grew its position in VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.1 %

Shares of GDX opened at $44.57 on Tuesday. The business has a 50-day simple moving average of $39.68 and a two-hundred day simple moving average of $38.80. VanEck Gold Miners ETF has a 12-month low of $28.91 and a 12-month high of $45.38. The stock has a market cap of $14.77 billion, a PE ratio of 20.34 and a beta of 0.95.

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.