Main Street Financial Solutions LLC Has $6.65 Million Stock Position in VanEck Gold Miners ETF $GDX

Main Street Financial Solutions LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 10.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,510 shares of the exchange traded fund’s stock after selling 9,334 shares during the quarter. Main Street Financial Solutions LLC’s holdings in VanEck Gold Miners ETF were worth $6,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of GDX. AQR Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 12,408 shares during the last quarter. Invesco Ltd. acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter worth $31,236,000. Natixis lifted its stake in shares of VanEck Gold Miners ETF by 196.1% in the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock worth $1,393,000 after buying an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in shares of VanEck Gold Miners ETF by 194.3% in the second quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock worth $1,894,000 after buying an additional 24,022 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter worth $846,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA:GDX opened at $84.36 on Thursday. The stock has a market cap of $25.99 billion, a P/E ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a one year low of $50.32 and a one year high of $117.18. The company has a fifty day moving average price of $89.71 and a 200 day moving average price of $93.01.

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.