Whitcomb & Hess Inc. Sells 785 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Whitcomb & Hess Inc. lowered its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 238,766 shares of the exchange traded fund’s stock after selling 785 shares during the period. VanEck Gold Miners ETF accounts for approximately 2.5% of Whitcomb & Hess Inc.’s investment portfolio, making the stock its 14th biggest holding. Whitcomb & Hess Inc. owned approximately 0.06% of VanEck Gold Miners ETF worth $8,097,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in GDX. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Aptus Capital Advisors LLC grew its position in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares in the last quarter. ORG Wealth Partners LLC bought a new position in shares of VanEck Gold Miners ETF during the third quarter worth approximately $49,000. St. Johns Investment Management Company LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $49,000. Finally, Laurel Wealth Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 2,586.2% in the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 1,500 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $37.35 on Tuesday. The stock has a market capitalization of $14.93 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The business has a fifty day moving average price of $36.38 and a two-hundred day moving average price of $37.96.

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.