Crewe Advisors LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 26.3% during the first quarter, Holdings Channel.com reports. The firm owned 3,994 shares of the exchange traded fund’s stock after selling 1,422 shares during the period. Crewe Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $126,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new position in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $27,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter valued at about $32,000. Family Asset Management LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter valued at about $38,000. Finally, Mather Group LLC. acquired a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $42,000.
VanEck Gold Miners ETF Stock Performance
GDX traded down $1.05 on Thursday, reaching $36.18. 31,695,528 shares of the company’s stock were exchanged, compared to its average volume of 23,938,410. The company’s 50 day moving average is $35.50 and its 200-day moving average is $32.15. The company has a market cap of $14.46 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a twelve month low of $25.62 and a twelve month high of $39.41.
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.
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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
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