VanEck Gold Miners ETF $GDX Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 49.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 325,918 shares of the exchange traded fund’s stock after selling 322,521 shares during the period. Victory Capital Management Inc. owned approximately 0.11% of VanEck Gold Miners ETF worth $24,900,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in GDX. New Republic Capital LLC purchased a new position in VanEck Gold Miners ETF during the third quarter worth about $29,000. Highline Wealth Partners LLC increased its position in VanEck Gold Miners ETF by 45.0% during the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares during the period. Tradewinds Capital Management LLC increased its position in VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares during the period. Activest Wealth Management purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth approximately $50,000. Finally, Assetmark Inc. raised its stake in shares of VanEck Gold Miners ETF by 183.0% during the 2nd quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 626 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $102.44 on Tuesday. VanEck Gold Miners ETF has a 12 month low of $40.20 and a 12 month high of $117.18. The stock has a market capitalization of $31.26 billion, a P/E ratio of 21.70 and a beta of 0.55. The business has a 50 day simple moving average of $100.68 and a 200-day simple moving average of $84.45.

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.