VanEck Gold Miners ETF $GDX Shares Sold by Geneva Partners LLC

Geneva Partners LLC cut its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 73.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,007 shares of the exchange traded fund’s stock after selling 16,527 shares during the period. Geneva Partners LLC’s holdings in VanEck Gold Miners ETF were worth $551,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Eukles Asset Management acquired a new position in VanEck Gold Miners ETF during the 4th quarter valued at approximately $27,000. Bayban acquired a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $27,000. Princeton Global Asset Management LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $27,000. Evolution Wealth Management Inc. purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at $33,000. Finally, Morton Brown Family Wealth LLC purchased a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at $36,000.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $75.76 on Wednesday. The company has a market cap of $22.95 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. The stock’s fifty day moving average price is $84.30 and its 200 day moving average price is $92.49. VanEck Gold Miners ETF has a 1 year low of $50.35 and a 1 year high of $117.18.

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.