Fort Sheridan Advisors LLC Reduces Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Fort Sheridan Advisors LLC lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,378 shares of the exchange traded fund’s stock after selling 945 shares during the quarter. Fort Sheridan Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $589,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Proficio Capital Partners LLC boosted its stake in shares of VanEck Gold Miners ETF by 1,116.3% during the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after purchasing an additional 1,967,832 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $76,065,000. Strategic Financial Concepts LLC grew its stake in VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after acquiring an additional 1,771,440 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in VanEck Gold Miners ETF in the 3rd quarter worth approximately $35,838,000. Finally, Panview Capital Ltd acquired a new position in VanEck Gold Miners ETF in the 4th quarter valued at $28,427,000.

VanEck Gold Miners ETF Stock Down 3.4 %

GDX stock opened at $39.46 on Friday. The stock has a market capitalization of $13.27 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The stock’s fifty day simple moving average is $37.94 and its 200-day simple moving average is $38.53.

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.