VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Arkos Global Advisors

Arkos Global Advisors trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,140 shares of the exchange traded fund’s stock after selling 600 shares during the period. VanEck Gold Miners ETF makes up approximately 0.3% of Arkos Global Advisors’ investment portfolio, making the stock its 28th largest holding. Arkos Global Advisors’ holdings in VanEck Gold Miners ETF were worth $1,939,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jane Street Group LLC increased its stake in VanEck Gold Miners ETF by 649.7% during the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after buying an additional 14,046,913 shares during the period. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 1.9% during the fourth quarter. Rafferty Asset Management LLC now owns 8,260,268 shares of the exchange traded fund’s stock valued at $256,151,000 after acquiring an additional 152,114 shares during the period. Alaska Permanent Fund Corp raised its holdings in VanEck Gold Miners ETF by 132.1% during the first quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock worth $124,594,000 after purchasing an additional 2,242,823 shares in the last quarter. National Bank of Canada FI lifted its position in VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares during the period. Finally, Capitolis Liquid Global Markets LLC bought a new position in VanEck Gold Miners ETF during the 1st quarter valued at $104,346,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $40.36 on Friday. The stock has a market cap of $16.13 billion, a PE ratio of 28.03 and a beta of 0.85. The business’s fifty day moving average is $38.12 and its 200-day moving average is $35.47. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $41.95.

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.