Cardiff Park Advisors LLC reduced its stake in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 60.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,623 shares of the exchange traded fund’s stock after selling 10,000 shares during the period. Cardiff Park Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $608,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Avalon Trust Co purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $26,000. Princeton Global Asset Management LLC purchased a new position in shares of VanEck Gold Miners ETF in the first quarter worth $27,000. Eukles Asset Management purchased a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth $27,000. Bayban bought a new stake in VanEck Gold Miners ETF during the 4th quarter valued at $27,000. Finally, Evolution Wealth Management Inc. bought a new stake in VanEck Gold Miners ETF during the 1st quarter valued at $33,000.
VanEck Gold Miners ETF Price Performance
Shares of GDX opened at $75.23 on Monday. The stock has a market capitalization of $23.01 billion, a P/E ratio of 21.70 and a beta of 0.65. The firm has a fifty day simple moving average of $79.68 and a two-hundred day simple moving average of $91.21. VanEck Gold Miners ETF has a twelve month low of $51.37 and a twelve month high of $117.18.
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.
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