VanEck Gold Miners ETF $GDX Position Decreased by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 26.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,190 shares of the exchange traded fund’s stock after selling 39,803 shares during the period. VanEck Gold Miners ETF makes up about 2.0% of Berkeley Capital Partners LLC’s holdings, making the stock its 7th biggest position. Berkeley Capital Partners LLC’s holdings in VanEck Gold Miners ETF were worth $8,342,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GDX. JPMorgan Chase & Co. grew its holdings in VanEck Gold Miners ETF by 766.7% during the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after acquiring an additional 4,574,598 shares during the period. Slate Path Capital LP acquired a new position in shares of VanEck Gold Miners ETF during the 2nd quarter worth $123,070,000. Rafferty Asset Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in shares of VanEck Gold Miners ETF by 3,846.2% in the third quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock valued at $54,725,000 after purchasing an additional 700,000 shares during the period. Finally, Parker Investment Management LLC purchased a new stake in VanEck Gold Miners ETF during the third quarter worth about $52,704,000.

VanEck Gold Miners ETF Trading Up 1.6%

Shares of GDX opened at $104.24 on Friday. VanEck Gold Miners ETF has a twelve month low of $38.58 and a twelve month high of $113.50. The firm has a market capitalization of $31.81 billion, a P/E ratio of 21.70 and a beta of 0.55. The firm’s 50-day moving average is $95.71 and its two-hundred day moving average is $79.86.

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.