Radnor Capital Management LLC Cuts Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Radnor Capital Management LLC decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 46.6% in the 4th quarter, HoldingsChannel reports. The fund owned 9,500 shares of the exchange traded fund’s stock after selling 8,300 shares during the quarter. Radnor Capital Management LLC’s holdings in VanEck Gold Miners ETF were worth $322,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. CWM LLC raised its position in VanEck Gold Miners ETF by 55.8% in the third quarter. CWM LLC now owns 18,692 shares of the exchange traded fund’s stock worth $744,000 after acquiring an additional 6,694 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of VanEck Gold Miners ETF in the third quarter valued at $438,000. SMART Wealth LLC increased its position in shares of VanEck Gold Miners ETF by 2.0% in the third quarter. SMART Wealth LLC now owns 28,658 shares of the exchange traded fund’s stock valued at $1,141,000 after buying an additional 572 shares in the last quarter. Verus Capital Partners LLC increased its position in shares of VanEck Gold Miners ETF by 2.0% in the third quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock valued at $770,000 after buying an additional 382 shares in the last quarter. Finally, Magnus Financial Group LLC increased its position in shares of VanEck Gold Miners ETF by 22.0% in the third quarter. Magnus Financial Group LLC now owns 12,342 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 2,225 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 1.1 %

Shares of GDX stock opened at $36.72 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a market cap of $14.68 billion, a P/E ratio of 28.03 and a beta of 0.85. The business has a fifty day simple moving average of $36.36 and a 200-day simple moving average of $37.87.

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.