Stevens Capital Management LP Sells 89,453 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Stevens Capital Management LP lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 87.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,266 shares of the exchange traded fund’s stock after selling 89,453 shares during the period. Stevens Capital Management LP’s holdings in VanEck Gold Miners ETF were worth $416,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in GDX. Roxbury Financial LLC bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Financial Connections Group Inc. bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $25,000. Rothschild Investment LLC grew its holdings in shares of VanEck Gold Miners ETF by 100.0% in the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 500 shares in the last quarter. Finally, Millstone Evans Group LLC bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at about $34,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $44.50 on Monday. The stock has a market capitalization of $14.75 billion, a price-to-earnings ratio of 20.34 and a beta of 0.95. The business has a 50-day moving average of $40.42 and a 200-day moving average of $39.00. VanEck Gold Miners ETF has a fifty-two week low of $29.82 and a fifty-two week high of $45.65.

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.