IMC Chicago LLC Has $1.57 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

IMC Chicago LLC lowered its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 76.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,171 shares of the exchange traded fund’s stock after selling 147,886 shares during the period. IMC Chicago LLC’s holdings in VanEck Gold Miners ETF were worth $1,566,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $25,000. Aptus Capital Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 53.0% in the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the last quarter. St. Johns Investment Management Company LLC acquired a new position in VanEck Gold Miners ETF during the third quarter valued at approximately $49,000. ORG Wealth Partners LLC acquired a new position in VanEck Gold Miners ETF during the third quarter valued at approximately $49,000. Finally, Laurel Wealth Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 2,586.2% in the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,500 shares during the period.

VanEck Gold Miners ETF Trading Down 0.7 %

NYSEARCA GDX opened at $40.86 on Monday. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The company has a fifty day simple moving average of $36.73 and a 200 day simple moving average of $38.07. The company has a market cap of $16.33 billion, a P/E ratio of 28.03 and a beta of 0.85.

About VanEck Gold Miners ETF

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.