Smithfield Trust Co Decreases Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Smithfield Trust Co lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 68.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,346 shares of the exchange traded fund’s stock after selling 5,090 shares during the quarter. Smithfield Trust Co’s holdings in VanEck Gold Miners ETF were worth $93,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jane Street Group LLC lifted its stake in shares of VanEck Gold Miners ETF by 649.7% in the 1st quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock worth $512,530,000 after purchasing an additional 14,046,913 shares during the period. National Bank of Canada FI lifted its stake in shares of VanEck Gold Miners ETF by 89.0% in the 2nd quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after purchasing an additional 1,842,885 shares during the period. 1832 Asset Management L.P. increased its holdings in VanEck Gold Miners ETF by 6.4% in the 1st quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock worth $95,515,000 after acquiring an additional 181,475 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in VanEck Gold Miners ETF by 3,646.0% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock worth $58,333,000 after acquiring an additional 1,673,315 shares in the last quarter. Finally, Blackstone Inc. purchased a new stake in VanEck Gold Miners ETF in the 1st quarter worth approximately $41,106,000.

VanEck Gold Miners ETF Trading Up 1.1 %

VanEck Gold Miners ETF stock opened at $38.14 on Friday. The firm has a 50 day moving average of $39.88 and a 200 day moving average of $37.48. The firm has a market capitalization of $15.25 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22.

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.