Oppenheimer & Co. Inc. Has $1.66 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Oppenheimer & Co. Inc. decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,995 shares of the exchange traded fund’s stock after selling 16,915 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in VanEck Gold Miners ETF were worth $1,661,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of GDX. Pettinga Financial Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 1.5% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 45,322 shares of the exchange traded fund’s stock valued at $1,805,000 after purchasing an additional 675 shares during the period. Focus Financial Network Inc. raised its stake in shares of VanEck Gold Miners ETF by 20.1% in the 3rd quarter. Focus Financial Network Inc. now owns 9,427 shares of the exchange traded fund’s stock valued at $375,000 after purchasing an additional 1,580 shares during the period. Farther Finance Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 932.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,636 shares of the exchange traded fund’s stock valued at $264,000 after purchasing an additional 5,993 shares during the period. Janney Montgomery Scott LLC boosted its holdings in VanEck Gold Miners ETF by 8.2% during the third quarter. Janney Montgomery Scott LLC now owns 380,461 shares of the exchange traded fund’s stock worth $15,150,000 after purchasing an additional 28,829 shares during the last quarter. Finally, Citizens National Bank Trust Department boosted its holdings in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after purchasing an additional 308 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 0.0 %

Shares of GDX opened at $39.71 on Tuesday. VanEck Gold Miners ETF has a 12 month low of $27.68 and a 12 month high of $44.22. The firm has a fifty day simple moving average of $38.15 and a 200 day simple moving average of $38.59. The stock has a market capitalization of $13.36 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96.

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.