GFS Advisors LLC Sells 6,333 Shares of VanEck Gold Miners ETF $GDX

GFS Advisors LLC lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 30,292 shares of the exchange traded fund’s stock after selling 6,333 shares during the period. GFS Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. New Republic Capital LLC acquired a new position in VanEck Gold Miners ETF during the 3rd quarter worth about $29,000. Creekmur Asset Management LLC lifted its position in shares of VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 362 shares in the last quarter. Highline Wealth Partners LLC lifted its position in shares of VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares in the last quarter. First Command Advisory Services Inc. bought a new stake in shares of VanEck Gold Miners ETF during the second quarter valued at approximately $35,000. Finally, Tradewinds Capital Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 325 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $98.28 on Friday. The company has a 50 day moving average price of $93.65 and a 200 day moving average price of $78.10. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $113.50. The stock has a market capitalization of $29.99 billion, a PE ratio of 21.70 and a beta of 0.55.

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.