Sumitomo Mitsui Trust Holdings Inc. Has $797,000 Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Sumitomo Mitsui Trust Holdings Inc. trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,690 shares of the exchange traded fund’s stock after selling 1,705 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in VanEck Gold Miners ETF were worth $797,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. Union Savings Bank bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $38,000. Register Financial Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 58.5% during the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 626 shares in the last quarter. VisionPoint Advisory Group LLC boosted its stake in shares of VanEck Gold Miners ETF by 34.1% during the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,010 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 511 shares in the last quarter. Armor Investment Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $84,000. Finally, Citizens National Bank Trust Department boosted its stake in shares of VanEck Gold Miners ETF by 15.2% during the 3rd quarter. Citizens National Bank Trust Department now owns 4,621 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 608 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX opened at $34.32 on Friday. The stock has a 50-day moving average of $30.50 and a 200-day moving average of $29.59. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $36.26. The company has a market cap of $14.35 billion, a PE ratio of 28.20 and a beta of 0.81.

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.