Cultivar Capital Inc. Sells 73,556 Shares of VanEck Gold Miners ETF $GDX

Cultivar Capital Inc. lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 29.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175,861 shares of the exchange traded fund’s stock after selling 73,556 shares during the period. VanEck Gold Miners ETF accounts for 9.7% of Cultivar Capital Inc.’s investment portfolio, making the stock its 4th biggest position. Cultivar Capital Inc. owned about 0.06% of VanEck Gold Miners ETF worth $15,084,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in GDX. New Republic Capital LLC purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at about $29,000. Highline Wealth Partners LLC lifted its holdings in shares of 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 acquiring an additional 135 shares during the period. Family Management Corp purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $38,000. Tradewinds Capital Management LLC boosted its position in shares of VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 325 shares during the last quarter. Finally, Activest Wealth Management purchased a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $50,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $83.38 on Tuesday. VanEck Gold Miners ETF has a one year low of $40.26 and a one year high of $117.18. The company has a 50 day moving average price of $101.17 and a 200 day moving average price of $86.53. The firm has a market capitalization of $25.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

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.