VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Marathon Trading Investment Management LLC

Marathon Trading Investment Management LLC cut its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 33.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 82,500 shares of the exchange traded fund’s stock after selling 40,650 shares during the period. VanEck Gold Miners ETF makes up 0.3% of Marathon Trading Investment Management LLC’s holdings, making the stock its 17th largest position. Marathon Trading Investment Management LLC’s holdings in VanEck Gold Miners ETF were worth $3,285,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Capital Investment Advisors LLC grew its holdings in VanEck Gold Miners ETF by 9.8% during the second quarter. Capital Investment Advisors LLC now owns 17,668 shares of the exchange traded fund’s stock worth $599,000 after acquiring an additional 1,580 shares during the period. US Bancorp DE grew its holdings in VanEck Gold Miners ETF by 4.9% during the first quarter. US Bancorp DE now owns 13,933 shares of the exchange traded fund’s stock worth $441,000 after acquiring an additional 649 shares during the period. LRI Investments LLC acquired a new stake in VanEck Gold Miners ETF during the first quarter worth about $31,000. Clearbridge Investments LLC grew its holdings in VanEck Gold Miners ETF by 9.4% during the first quarter. Clearbridge Investments LLC now owns 17,400 shares of the exchange traded fund’s stock worth $550,000 after acquiring an additional 1,500 shares during the period. Finally, Cornerstone Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 2.7% during the second quarter. Cornerstone Wealth Management LLC now owns 17,168 shares of the exchange traded fund’s stock worth $583,000 after acquiring an additional 454 shares during the period.

VanEck Gold Miners ETF Stock Down 0.6 %

VanEck Gold Miners ETF stock opened at $35.51 on Friday. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s 50-day moving average price is $39.87 and its 200 day moving average price is $37.39. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22.

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.