Keybank National Association OH Decreases Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Keybank National Association OH lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 35.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,894 shares of the exchange traded fund’s stock after selling 13,903 shares during the period. Keybank National Association OH’s holdings in VanEck Gold Miners ETF were worth $844,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GDX. Atomi Financial Group Inc. grew its stake in VanEck Gold Miners ETF by 5.5% in the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 12.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 1,301 shares in the last quarter. Tandem Financial LLC bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter valued at $7,621,000. Van ECK Associates Corp lifted its holdings in VanEck Gold Miners ETF by 22.6% during the 4th quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after purchasing an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in VanEck Gold Miners ETF by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after purchasing an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.7 %

GDX stock opened at $41.64 on Friday. The stock has a 50-day simple moving average of $38.70 and a two-hundred day simple moving average of $38.65. VanEck Gold Miners ETF has a twelve month low of $28.91 and a twelve month high of $44.22. The firm has a market capitalization of $14.01 billion, a PE ratio of 22.76 and a beta of 0.96.

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.