SG Americas Securities LLC Sells 311,316 Shares of VanEck Gold Miners ETF $GDX

SG Americas Securities LLC lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 72.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 116,426 shares of the exchange traded fund’s stock after selling 311,316 shares during the period. SG Americas Securities LLC’s holdings in VanEck Gold Miners ETF were worth $9,986,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Slate Path Capital LP acquired a new stake in shares of VanEck Gold Miners ETF in the second quarter valued at $123,070,000. Rafferty Asset Management LLC lifted its position in VanEck Gold Miners ETF by 30.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after buying an additional 1,503,884 shares in the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in VanEck Gold Miners ETF during the 3rd quarter worth about $70,231,000. Meitav Investment House Ltd. grew its holdings in VanEck Gold Miners ETF by 3,846.2% during the 3rd quarter. Meitav Investment House Ltd. now owns 718,200 shares of the exchange traded fund’s stock worth $54,725,000 after acquiring an additional 700,000 shares during the last quarter. Finally, Parker Investment Management LLC bought a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $52,704,000.

VanEck Gold Miners ETF Stock Performance

GDX opened at $85.79 on Monday. VanEck Gold Miners ETF has a 1-year low of $40.26 and a 1-year high of $117.18. The stock has a market capitalization of $26.18 billion, a PE ratio of 21.70 and a beta of 0.55. The firm has a 50-day moving average price of $100.18 and a two-hundred day moving average price of $87.01.

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.