VanEck Gold Miners ETF (NYSEARCA:GDX) Stake Cut by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 96.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,500 shares of the exchange traded fund’s stock after selling 1,769,819 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in VanEck Gold Miners ETF were worth $2,357,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth about $25,000. Financial Connections Group Inc. acquired a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $25,000. Roxbury Financial LLC bought a new position in VanEck Gold Miners ETF in the 4th quarter worth about $25,000. Rothschild Investment LLC raised its holdings in shares of VanEck Gold Miners ETF by 100.0% during the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 500 shares during the last quarter. Finally, Millstone Evans Group LLC acquired a new position in shares of VanEck Gold Miners ETF during the fourth quarter worth approximately $34,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $47.08 on Monday. The business has a 50 day simple moving average of $45.33 and a 200 day simple moving average of $40.67. The firm has a market capitalization of $14.91 billion, a price-to-earnings ratio of 20.72 and a beta of 0.84. VanEck Gold Miners ETF has a 12-month low of $32.84 and a 12-month high of $53.25.

VanEck Gold Miners ETF 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.