Main Street Financial Solutions LLC reduced its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 10.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 77,510 shares of the exchange traded fund’s stock after selling 9,334 shares during the quarter. Main Street Financial Solutions LLC’s holdings in VanEck Gold Miners ETF were worth $6,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the stock. Morgan Stanley raised its stake in VanEck Gold Miners ETF by 0.7% during the 4th quarter. Morgan Stanley now owns 12,876,546 shares of the exchange traded fund’s stock valued at $1,104,421,000 after purchasing an additional 90,514 shares during the last quarter. Rafferty Asset Management LLC increased its holdings in VanEck Gold Miners ETF by 8.2% in the 4th quarter. Rafferty Asset Management LLC now owns 7,053,592 shares of the exchange traded fund’s stock valued at $604,987,000 after buying an additional 534,856 shares during the period. Caisse de depot et placement du Quebec bought a new stake in VanEck Gold Miners ETF in the 4th quarter valued at $218,971,000. M&T Bank Corp increased its holdings in VanEck Gold Miners ETF by 7,491.6% in the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock valued at $173,721,000 after buying an additional 1,998,748 shares during the period. Finally, Rit Capital Partners PLC increased its holdings in VanEck Gold Miners ETF by 74.7% in the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock valued at $102,679,000 after buying an additional 512,000 shares during the period.
VanEck Gold Miners ETF Price Performance
Shares of VanEck Gold Miners ETF stock opened at $84.36 on Thursday. The firm has a market capitalization of $25.99 billion, a PE ratio of 21.70 and a beta of 0.60. The company’s fifty day moving average price is $89.71 and its two-hundred day moving average price is $93.01. VanEck Gold Miners ETF has a 52-week low of $50.32 and a 52-week 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.
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