Syon Capital LLC Sells 10,249 Shares of VanEck Gold Miners ETF $GDX

Syon Capital LLC decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 305,871 shares of the exchange traded fund’s stock after selling 10,249 shares during the period. VanEck Gold Miners ETF accounts for about 1.3% of Syon Capital LLC’s holdings, making the stock its 18th largest holding. Syon Capital LLC owned about 0.10% of VanEck Gold Miners ETF worth $26,235,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Delta Asset Management LLC TN raised its position in VanEck Gold Miners ETF by 9.1% during the 4th quarter. Delta Asset Management LLC TN now owns 1,203 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 100 shares during the last quarter. Clear Creek Financial Management LLC boosted its holdings in VanEck Gold Miners ETF by 0.8% in the fourth quarter. Clear Creek Financial Management LLC now owns 13,657 shares of the exchange traded fund’s stock valued at $1,171,000 after acquiring an additional 112 shares in the last quarter. KFA Private Wealth Group LLC boosted its holdings in VanEck Gold Miners ETF by 2.7% in the fourth quarter. KFA Private Wealth Group LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $382,000 after acquiring an additional 117 shares in the last quarter. Wakefield Asset Management LLLP raised its holdings in VanEck Gold Miners ETF by 0.4% in the 4th quarter. Wakefield Asset Management LLLP now owns 34,675 shares of the exchange traded fund’s stock worth $2,974,000 after purchasing an additional 129 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC lifted its position in shares of VanEck Gold Miners ETF by 11.8% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 1,230 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 130 shares during the period.

VanEck Gold Miners ETF Trading Down 8.8%

NYSEARCA:GDX opened at $78.84 on Friday. The company has a 50-day moving average price of $91.31 and a 200-day moving average price of $92.70. VanEck Gold Miners ETF has a 12 month low of $50.32 and a 12 month high of $117.18. The stock has a market cap of $24.29 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60.

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.