Cultivar Capital Inc. Has $19.06 Million Stock Holdings in VanEck Gold Miners ETF $GDX

Cultivar Capital Inc. cut its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 249,417 shares of the exchange traded fund’s stock after selling 31,814 shares during the quarter. VanEck Gold Miners ETF makes up about 12.7% of Cultivar Capital Inc.’s investment portfolio, making the stock its 3rd largest position. Cultivar Capital Inc.’s holdings in VanEck Gold Miners ETF were worth $19,055,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Ethos Financial Group LLC bought a new position in VanEck Gold Miners ETF during the second quarter valued at about $309,000. American National Bank & Trust acquired a new stake in VanEck Gold Miners ETF in the 2nd quarter valued at about $68,000. Catalyst Funds Management Pty Ltd bought a new position in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $10,277,000. Johnson Investment Counsel Inc. grew its stake in shares of VanEck Gold Miners ETF by 32.2% in the 2nd quarter. Johnson Investment Counsel Inc. now owns 158,387 shares of the exchange traded fund’s stock worth $8,246,000 after purchasing an additional 38,615 shares during the last quarter. Finally, Accordant Advisory Group Inc bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter worth approximately $381,000.

VanEck Gold Miners ETF Price Performance

GDX stock opened at $90.18 on Tuesday. The firm has a market cap of $27.08 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $91.05. The firm has a 50 day simple moving average of $78.21 and a 200 day simple moving average of $66.69.

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.