Realta Investment Advisors Trims Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Realta Investment Advisors lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 43.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,381 shares of the exchange traded fund’s stock after selling 35,710 shares during the period. VanEck Gold Miners ETF accounts for 0.9% of Realta Investment Advisors’ investment portfolio, making the stock its 27th biggest position. Realta Investment Advisors’ holdings in VanEck Gold Miners ETF were worth $1,903,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in GDX. Jane Street Group LLC lifted its stake in shares of VanEck Gold Miners ETF by 649.7% in the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares in the last quarter. National Bank of Canada FI increased its position in shares of VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after acquiring an additional 1,842,885 shares in the last quarter. Capitolis Liquid Global Markets LLC purchased a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at $104,346,000. 1832 Asset Management L.P. lifted its holdings in shares of VanEck Gold Miners ETF by 6.4% during the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock valued at $95,515,000 after acquiring an additional 181,475 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in VanEck Gold Miners ETF by 3,646.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after purchasing an additional 1,673,315 shares during the period.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX traded down $0.49 during trading hours on Friday, hitting $39.85. The company had a trading volume of 14,358,062 shares, compared to its average volume of 22,381,721. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The company has a market capitalization of $15.93 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The firm’s 50 day moving average is $39.95 and its 200 day moving average is $37.09.

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.