Seneca Financial Advisors LLC Trims Holdings in VanEck Gold Miners ETF $GDX

Seneca Financial Advisors LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 33.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,209 shares of the exchange traded fund’s stock after selling 7,063 shares during the quarter. Seneca Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $1,219,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of GDX. New Republic Capital LLC purchased a new position in shares of VanEck Gold Miners ETF in the third quarter worth about $29,000. Highline Wealth Partners LLC raised its stake in shares of VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 135 shares during the last quarter. Family Management Corp acquired a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $38,000. Tradewinds Capital Management LLC raised its stake in shares of VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 325 shares during the period. Finally, Activest Wealth Management acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter worth approximately $50,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $100.34 on Friday. The business’s 50 day moving average price is $98.52 and its 200-day moving average price is $89.34. The firm has a market capitalization of $31.16 billion, a PE ratio of 21.70 and a beta of 0.71. VanEck Gold Miners ETF has a 1 year low of $45.10 and a 1 year high of $117.18.

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.