VanEck Gold Miners ETF $GDX Shares Sold by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 84.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,900 shares of the exchange traded fund’s stock after selling 10,000 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in VanEck Gold Miners ETF were worth $163,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Slate Path Capital LP acquired a new position in shares of VanEck Gold Miners ETF during the second quarter valued at about $123,070,000. Rafferty Asset Management LLC boosted its stake in 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 worth $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $70,231,000. Meitav Investment House Ltd. grew its position in VanEck Gold Miners ETF by 3,846.2% during the 3rd quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock worth $54,725,000 after purchasing an additional 700,000 shares during the last quarter. Finally, Parker Investment Management LLC purchased a new stake in VanEck Gold Miners ETF during the 3rd quarter worth approximately $52,704,000.

VanEck Gold Miners ETF Trading Down 1.5%

Shares of VanEck Gold Miners ETF stock opened at $94.59 on Friday. The firm’s 50 day simple moving average is $99.41 and its two-hundred day simple moving average is $87.39. The firm has a market capitalization of $28.86 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $40.26 and a 12-month high of $117.18.

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.