Westside Investment Management Inc. Has $314,000 Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Westside Investment Management Inc. reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 15.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,248 shares of the exchange traded fund’s stock after selling 1,672 shares during the period. Westside Investment Management Inc.’s holdings in VanEck Gold Miners ETF were worth $314,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Eastern Bank acquired a new position in VanEck Gold Miners ETF during the 4th quarter worth approximately $25,000. Aptus Capital Advisors LLC lifted its position in shares of 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 purchasing an additional 329 shares in the last quarter. St. Johns Investment Management Company LLC acquired a new position in VanEck Gold Miners ETF during the third quarter worth $49,000. ORG Wealth Partners LLC bought a new position in VanEck Gold Miners ETF in the third quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC increased its stake in VanEck Gold Miners ETF by 2,586.2% in the 4th quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 1,500 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $37.54 on Wednesday. The company has a market cap of $15.00 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The firm has a 50-day moving average of $36.25 and a 200-day moving average of $37.94. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22.

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.