Commonwealth Equity Services LLC Has $43.35 Million Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Commonwealth Equity Services LLC decreased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,088,591 shares of the exchange traded fund’s stock after selling 16,266 shares during the period. Commonwealth Equity Services LLC owned 0.27% of VanEck Gold Miners ETF worth $43,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in GDX. Mather Group LLC. acquired a new position in VanEck Gold Miners ETF in the first quarter valued at $42,000. Park Avenue Securities LLC boosted its position in shares of VanEck Gold Miners ETF by 26.3% during the 1st quarter. Park Avenue Securities LLC now owns 17,921 shares of the exchange traded fund’s stock valued at $567,000 after purchasing an additional 3,730 shares in the last quarter. AdvisorNet Financial Inc boosted its position in shares of VanEck Gold Miners ETF by 22.1% during the 1st quarter. AdvisorNet Financial Inc now owns 5,405 shares of the exchange traded fund’s stock valued at $171,000 after purchasing an additional 980 shares in the last quarter. Global Assets Advisory LLC acquired a new stake in VanEck Gold Miners ETF during the first quarter worth approximately $1,128,000. Finally, Morton Capital Management LLC CA increased its holdings in VanEck Gold Miners ETF by 2.7% in the first quarter. Morton Capital Management LLC CA now owns 88,335 shares of the exchange traded fund’s stock worth $2,793,000 after purchasing an additional 2,317 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $43.15 on Monday. The stock has a market capitalization of $17.25 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $43.31. The stock’s 50 day moving average price is $39.24 and its two-hundred day moving average price is $36.53.

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.