VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC decreased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,585 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Avior Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $63,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GDX. Jane Street Group LLC lifted its holdings in VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after acquiring an additional 14,046,913 shares during the period. National Bank of Canada FI lifted its holdings in VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after acquiring an additional 1,842,885 shares during the period. Strategic Financial Concepts LLC lifted its holdings in VanEck Gold Miners ETF by 3,646.0% in the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock valued at $58,333,000 after acquiring an additional 1,673,315 shares during the period. Commonwealth Equity Services LLC lifted its holdings in VanEck Gold Miners ETF by 19.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,104,857 shares of the exchange traded fund’s stock valued at $37,488,000 after acquiring an additional 179,885 shares during the period. Finally, Carrhae Capital LLP acquired a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $43,073,000.

VanEck Gold Miners ETF Trading Up 0.4 %

Shares of NYSEARCA:GDX opened at $38.28 on Monday. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The company has a market capitalization of $15.30 billion, a PE ratio of 28.03 and a beta of 0.85. The business has a 50 day moving average of $39.84 and a two-hundred day moving average of $37.56.

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.