Csenge Advisory Group Has $8.79 Million Holdings in VanEck Gold Miners ETF $GDX

Csenge Advisory Group lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 10.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,478 shares of the exchange traded fund’s stock after selling 12,379 shares during the quarter. Csenge Advisory Group’s holdings in VanEck Gold Miners ETF were worth $8,790,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GDX. M&T Bank Corp lifted its position in shares of VanEck Gold Miners ETF by 7,491.6% during the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after buying an additional 1,998,748 shares during the period. Rafferty Asset Management LLC grew its stake in shares of VanEck Gold Miners ETF by 30.0% during the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after purchasing an additional 1,503,884 shares during the period. Menora Mivtachim Holdings LTD. acquired a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $70,231,000. Parker Investment Management LLC acquired a new position in VanEck Gold Miners ETF in the third quarter valued at about $52,704,000. Finally, Rit Capital Partners PLC acquired a new position in VanEck Gold Miners ETF in the third quarter valued at about $52,320,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $87.14 on Tuesday. The stock has a market capitalization of $26.85 billion, a P/E ratio of 21.70 and a beta of 0.61. The business has a 50-day moving average of $93.15 and a 200-day moving average of $91.61. VanEck Gold Miners ETF has a fifty-two week low of $46.65 and a fifty-two week high of $117.18.

VanEck Gold Miners ETF Company 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.