Prudential PLC reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 15.0% during the fourth quarter, Holdings Channel reports. The firm owned 203,400 shares of the exchange traded fund’s stock after selling 35,900 shares during the period. Prudential PLC’s holdings in VanEck Gold Miners ETF were worth $17,446,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in GDX. Eukles Asset Management bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $27,000. Morton Brown Family Wealth LLC bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $36,000. Family Management Corp bought a new position in shares of VanEck Gold Miners ETF during the third quarter valued at about $38,000. Hantz Financial Services Inc. lifted its position in shares of VanEck Gold Miners ETF by 298.2% during the fourth quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 337 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at about $56,000.
VanEck Gold Miners ETF Price Performance
GDX opened at $86.40 on Friday. The company’s 50-day moving average is $91.46 and its 200 day moving average is $92.79. VanEck Gold Miners ETF has a fifty-two week low of $50.32 and a fifty-two week high of $117.18. The firm has a market capitalization of $26.62 billion, a P/E ratio of 21.70 and a beta of 0.60.
About VanEck Gold Miners ETF
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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