VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,050 shares of the exchange traded fund’s stock after selling 17,418 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in VanEck Gold Miners ETF were worth $747,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Theory Financial LLC boosted its stake in shares of VanEck Gold Miners ETF by 20.4% during the third quarter. Theory Financial LLC now owns 122,839 shares of the exchange traded fund’s stock worth $3,306,000 after buying an additional 20,837 shares during the period. International Assets Investment Management LLC purchased a new position in VanEck Gold Miners ETF during the fourth quarter worth about $33,675,000. Capital Investment Advisors LLC raised its holdings in VanEck Gold Miners ETF by 14.3% during the fourth quarter. Capital Investment Advisors LLC now owns 12,661 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 1,584 shares in the last quarter. Chevy Chase Trust Holdings LLC purchased a new position in VanEck Gold Miners ETF during the fourth quarter worth about $13,822,000. Finally, Hudson Bay Capital Management LP raised its holdings in VanEck Gold Miners ETF by 29.0% during the third quarter. Hudson Bay Capital Management LP now owns 32,250 shares of the exchange traded fund’s stock worth $868,000 after purchasing an additional 7,250 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 1.6 %

NYSEARCA GDX opened at $33.55 on Thursday. The stock has a market capitalization of $14.03 billion, a P/E ratio of 28.20 and a beta of 0.81. VanEck Gold Miners ETF has a 52-week low of $25.62 and a 52-week high of $36.26. The firm has a 50-day moving average price of $29.69 and a 200 day moving average price of $29.31.

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.