VanEck Gold Miners ETF $GDX Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC lowered its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,249 shares of the exchange traded fund’s stock after selling 8,335 shares during the period. VanEck Gold Miners ETF comprises 1.1% of Castle Wealth Management LLC’s portfolio, making the stock its 29th largest holding. Castle Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $3,366,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rafferty Asset Management LLC raised its position in VanEck Gold Miners ETF by 30.0% during the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after acquiring an additional 1,503,884 shares during the last quarter. Slate Path Capital LP acquired a new position in VanEck Gold Miners ETF during the second quarter worth about $123,070,000. Pureheart Capital Pte Ltd. raised its position in VanEck Gold Miners ETF by 1.4% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after acquiring an additional 19,000 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of VanEck Gold Miners ETF by 2.4% during the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock worth $82,336,000 after buying an additional 25,688 shares in the last quarter. Finally, Ion Asset Management Ltd. grew its holdings in shares of VanEck Gold Miners ETF by 0.5% during the second quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock worth $50,965,000 after buying an additional 4,420 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $98.35 on Friday. The company has a market cap of $30.40 billion, a PE ratio of 21.70 and a beta of 0.63. VanEck Gold Miners ETF has a 12 month low of $45.10 and a 12 month high of $117.18. The company has a 50-day simple moving average of $98.13 and a 200-day simple moving average of $88.30.

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.