Harmony Asset Management LLC Trims Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Harmony Asset Management LLC reduced its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,214 shares of the exchange traded fund’s stock after selling 248 shares during the quarter. Harmony Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $482,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GDX. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 33.7% in the 4th quarter. Rafferty Asset Management LLC now owns 9,282,123 shares of the exchange traded fund’s stock worth $314,757,000 after acquiring an additional 2,342,211 shares in the last quarter. Proficio Capital Partners LLC increased its stake in shares of VanEck Gold Miners ETF by 1,116.3% in the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after acquiring an additional 1,967,832 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth about $64,425,000. Strategic Financial Concepts LLC increased its stake in shares of VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after acquiring an additional 1,771,440 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of VanEck Gold Miners ETF by 68.7% in the 4th quarter. Two Sigma Investments LP now owns 3,851,200 shares of the exchange traded fund’s stock worth $130,594,000 after acquiring an additional 1,567,800 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $49.44 on Thursday. The company has a 50-day moving average of $47.12 and a 200 day moving average of $41.23. The firm has a market cap of $14.98 billion, a price-to-earnings ratio of 19.65 and a beta of 0.57. VanEck Gold Miners ETF has a 1 year low of $32.84 and a 1 year high of $53.25.

VanEck Gold Miners ETF Company Profile

(Free Report)

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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