VanEck Gold Miners ETF $GDX Stake Lowered by Panview Capital Ltd

Panview Capital Ltd lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 15.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 648,300 shares of the exchange traded fund’s stock after selling 120,000 shares during the period. VanEck Gold Miners ETF accounts for about 21.1% of Panview Capital Ltd’s investment portfolio, making the stock its 3rd biggest holding. Panview Capital Ltd owned approximately 0.22% of VanEck Gold Miners ETF worth $49,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Regal Partners Ltd grew its position in VanEck Gold Miners ETF by 281.5% in the 3rd quarter. Regal Partners Ltd now owns 20,329 shares of the exchange traded fund’s stock worth $1,553,000 after purchasing an additional 15,000 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of VanEck Gold Miners ETF by 123.0% in the 3rd quarter. Parallel Advisors LLC now owns 1,240 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 684 shares during the period. Riggs Asset Managment Co. Inc. raised its stake in VanEck Gold Miners ETF by 2,082.9% during the third quarter. Riggs Asset Managment Co. Inc. now owns 3,318 shares of the exchange traded fund’s stock worth $253,000 after acquiring an additional 3,166 shares in the last quarter. CreativeOne Wealth LLC increased its position in shares of VanEck Gold Miners ETF by 3.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 14,613 shares of the exchange traded fund’s stock worth $1,116,000 after purchasing an additional 442 shares in the last quarter. Finally, Ameriflex Group Inc. boosted its holdings in shares of VanEck Gold Miners ETF by 28.6% in the 3rd quarter. Ameriflex Group Inc. now owns 900 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 200 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 0.4%

GDX opened at $101.38 on Monday. The stock has a market capitalization of $30.94 billion, a PE ratio of 21.70 and a beta of 0.55. The firm has a 50-day moving average price of $100.35 and a two-hundred day moving average price of $84.15. VanEck Gold Miners ETF has a 1-year low of $40.20 and a 1-year high of $117.18.

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.