Healthcare of Ontario Pension Plan Trust Fund Sells 720,400 Shares of VanEck Gold Miners ETF $GDX

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 60.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 468,600 shares of the exchange traded fund’s stock after selling 720,400 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned about 0.15% of VanEck Gold Miners ETF worth $43,003,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in GDX. Avalon Trust Co bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at about $26,000. Princeton Global Asset Management LLC bought a new stake in VanEck Gold Miners ETF during the 1st quarter worth about $27,000. Eukles Asset Management bought a new stake in VanEck Gold Miners ETF during the 4th quarter worth about $27,000. Bayban acquired a new stake in VanEck Gold Miners ETF in the 4th quarter valued at about $27,000. Finally, Evolution Wealth Management Inc. acquired a new stake in VanEck Gold Miners ETF in the 1st quarter valued at about $33,000.

VanEck Gold Miners ETF Trading Up 0.3%

Shares of NYSEARCA GDX opened at $75.23 on Friday. VanEck Gold Miners ETF has a 1-year low of $51.37 and a 1-year high of $117.18. The company has a market cap of $23.01 billion, a PE ratio of 21.70 and a beta of 0.65. The company has a 50-day moving average of $79.68 and a two-hundred day moving average of $91.19.

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.