VanEck Gold Miners ETF (NYSEARCA:GDX) Holdings Lowered by Two Sigma Advisers LP

Two Sigma Advisers LP trimmed its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 46.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,272,400 shares of the exchange traded fund’s stock after selling 1,104,500 shares during the quarter. Two Sigma Advisers LP owned about 0.32% of VanEck Gold Miners ETF worth $50,667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Centennial Wealth Advisory LLC grew its position in VanEck Gold Miners ETF by 2.7% during the third quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 267 shares in the last quarter. Mather Group LLC. grew its position in VanEck Gold Miners ETF by 21.3% during the second quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 288 shares in the last quarter. Summit Wealth Partners LLC grew its position in VanEck Gold Miners ETF by 3.6% during the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 298 shares in the last quarter. Citizens National Bank Trust Department grew its position in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 308 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its position in VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 329 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 1.9 %

NYSEARCA GDX opened at $36.82 on Friday. The company has a fifty day simple moving average of $39.24 and a 200 day simple moving average of $37.64. The company has a market cap of $14.72 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year 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.