Allianz SE Sells 6,454 Shares of VanEck Gold Miners ETF $GDX

Allianz SE trimmed its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,106 shares of the exchange traded fund’s stock after selling 6,454 shares during the quarter. Allianz SE’s holdings in VanEck Gold Miners ETF were worth $8,672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC grew its stake in VanEck Gold Miners ETF by 30.0% during the second 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 during the last quarter. M&T Bank Corp lifted its position in shares of VanEck Gold Miners ETF by 7,491.6% during the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after purchasing an additional 1,998,748 shares in the last quarter. Rit Capital Partners PLC lifted its position in shares of VanEck Gold Miners ETF by 74.7% during the fourth quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after purchasing an additional 512,000 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of VanEck Gold Miners ETF by 2.4% during the third quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock worth $82,336,000 after purchasing an additional 25,688 shares in the last quarter. Finally, Ion Asset Management Ltd. lifted its position in shares of VanEck Gold Miners ETF by 0.5% during the second quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock worth $50,965,000 after purchasing an additional 4,420 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 3.0%

Shares of GDX stock opened at $80.03 on Friday. VanEck Gold Miners ETF has a 1 year low of $50.32 and a 1 year high of $117.18. The firm’s 50 day moving average is $90.23 and its 200-day moving average is $92.79. The firm has a market capitalization of $24.66 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60.

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.