GFS Advisors LLC Has $2.31 Million Stock Holdings in VanEck Gold Miners ETF $GDX

GFS Advisors LLC decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,292 shares of the exchange traded fund’s stock after selling 6,333 shares during the period. GFS Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,314,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. New Republic Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth approximately $29,000. Creekmur Asset Management LLC raised its stake in VanEck Gold Miners ETF by 147.2% during the second quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 362 shares in the last quarter. Highline Wealth Partners LLC lifted its holdings in shares of VanEck Gold Miners ETF by 45.0% during the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 135 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at $35,000. Finally, Tradewinds Capital Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 162.5% in the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 325 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 7.3%

Shares of VanEck Gold Miners ETF stock opened at $98.28 on Friday. VanEck Gold Miners ETF has a 12-month low of $38.58 and a 12-month high of $113.50. The stock has a market capitalization of $29.99 billion, a P/E ratio of 21.70 and a beta of 0.55. The company has a 50-day simple moving average of $93.65 and a 200 day simple moving average of $78.10.

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.