SG Americas Securities LLC Has $9.99 Million Position in VanEck Gold Miners ETF $GDX

SG Americas Securities LLC lessened its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 72.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,426 shares of the exchange traded fund’s stock after selling 311,316 shares during the period. SG Americas Securities LLC’s holdings in VanEck Gold Miners ETF were worth $9,986,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Slate Path Capital LP acquired a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter worth about $123,070,000. Rafferty Asset Management LLC lifted its holdings in VanEck Gold Miners ETF by 30.0% during 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 during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in VanEck Gold Miners ETF in the third quarter valued at about $70,231,000. Meitav Investment House Ltd. boosted its position in 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 buying an additional 700,000 shares in the last quarter. Finally, Parker Investment Management LLC bought a new stake in VanEck Gold Miners ETF during the third quarter worth about $52,704,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $85.79 on Monday. VanEck Gold Miners ETF has a 1-year low of $40.26 and a 1-year high of $117.18. The company has a 50 day moving average of $100.18 and a 200-day moving average of $87.01. The firm has a market cap of $26.18 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

VanEck Gold Miners ETF 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.