VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by First Washington CORP

First Washington CORP decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 129,841 shares of the exchange traded fund’s stock after selling 2,823 shares during the quarter. VanEck Gold Miners ETF accounts for about 1.6% of First Washington CORP’s holdings, making the stock its 24th largest holding. First Washington CORP’s holdings in VanEck Gold Miners ETF were worth $4,403,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $25,000. Financial Connections Group Inc. purchased a new stake in VanEck Gold Miners ETF in the fourth quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at $25,000. Rothschild Investment LLC lifted its position in shares of VanEck Gold Miners ETF by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 500 shares in the last quarter. Finally, Millstone Evans Group LLC acquired a new stake in VanEck Gold Miners ETF during the 4th quarter worth approximately $34,000.

VanEck Gold Miners ETF Trading Down 1.9 %

Shares of NYSEARCA GDX opened at $50.92 on Friday. The business’s fifty day simple moving average is $43.80 and its 200-day simple moving average is $40.03. The stock has a market cap of $16.52 billion, a P/E ratio of 21.51 and a beta of 0.84. VanEck Gold Miners ETF has a 12-month low of $32.20 and a 12-month high of $52.81.

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.