VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Cultivar Capital Inc.

Cultivar Capital Inc. reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 320,869 shares of the exchange traded fund’s stock after selling 8,723 shares during the period. VanEck Gold Miners ETF comprises about 9.5% of Cultivar Capital Inc.’s investment portfolio, making the stock its 4th biggest position. Cultivar Capital Inc. owned 0.08% of VanEck Gold Miners ETF worth $10,881,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GDX. Synergy Asset Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at $110,000. Hanson & Doremus Investment Management raised its stake in shares of VanEck Gold Miners ETF by 1.0% in the fourth quarter. Hanson & Doremus Investment Management now owns 44,064 shares of the exchange traded fund’s stock worth $1,494,000 after acquiring an additional 425 shares during the last quarter. Foster & Motley Inc. lifted its position in shares of VanEck Gold Miners ETF by 7.1% during the fourth quarter. Foster & Motley Inc. now owns 10,556 shares of the exchange traded fund’s stock worth $358,000 after purchasing an additional 700 shares in the last quarter. Barry Investment Advisors LLC grew its stake in shares of VanEck Gold Miners ETF by 2.1% during the fourth quarter. Barry Investment Advisors LLC now owns 571,260 shares of the exchange traded fund’s stock valued at $19,371,000 after purchasing an additional 11,651 shares during the last quarter. Finally, Williams & Novak LLC increased its holdings in shares of VanEck Gold Miners ETF by 18.0% in the fourth quarter. Williams & Novak LLC now owns 30,205 shares of the exchange traded fund’s stock valued at $1,024,000 after purchasing an additional 4,615 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA:GDX opened at $37.90 on Thursday. The company has a market cap of $15.15 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s fifty day moving average price is $36.38 and its two-hundred day moving average price is $37.96. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22.

About VanEck Gold Miners ETF

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.