Rather & Kittrell Inc. Sells 23,001 Shares of VanEck Gold Miners ETF $GDX

Rather & Kittrell Inc. lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 60.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,891 shares of the exchange traded fund’s stock after selling 23,001 shares during the quarter. Rather & Kittrell Inc.’s holdings in VanEck Gold Miners ETF were worth $1,277,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GDX. Rafferty Asset Management LLC boosted its holdings in VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after purchasing an additional 1,503,884 shares during the last quarter. M&T Bank Corp raised its stake in VanEck Gold Miners ETF by 7,491.6% during the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after buying an additional 1,998,748 shares during the last quarter. Ameriprise Financial Inc. raised its stake in VanEck Gold Miners ETF by 2.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock valued at $82,336,000 after buying an additional 25,688 shares during the last quarter. Ion Asset Management Ltd. lifted its holdings in shares of VanEck Gold Miners ETF by 0.5% during the 2nd quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock valued at $50,965,000 after buying an additional 4,420 shares during the period. Finally, Menora Mivtachim Holdings LTD. purchased a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth $70,231,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $94.48 on Thursday. VanEck Gold Miners ETF has a one year low of $45.10 and a one year high of $117.18. The firm has a market capitalization of $29.40 billion, a P/E ratio of 21.70 and a beta of 0.71. The business has a fifty day moving average of $98.02 and a 200 day moving average of $89.82.

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.