Panview Capital Ltd Lowers Stock Holdings in VanEck Gold Miners ETF $GDX

Panview Capital Ltd trimmed its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 15.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 648,300 shares of the exchange traded fund’s stock after selling 120,000 shares during the period. VanEck Gold Miners ETF accounts for 21.1% of Panview Capital Ltd’s holdings, making the stock its 3rd largest position. Panview Capital Ltd’s holdings in VanEck Gold Miners ETF were worth $49,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. New Republic Capital LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $29,000. Highline Wealth Partners LLC increased its holdings in VanEck Gold Miners ETF by 45.0% in the 3rd 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 in the last quarter. Tradewinds Capital Management LLC raised its position in VanEck Gold Miners ETF by 162.5% in the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 325 shares during the last quarter. Assetmark Inc. raised its position in VanEck Gold Miners ETF by 183.0% in the second quarter. Assetmark Inc. now owns 968 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 626 shares during the last quarter. Finally, Activest Wealth Management acquired a new stake in shares of VanEck Gold Miners ETF during the third quarter valued at about $50,000.

VanEck Gold Miners ETF Price Performance

GDX opened at $101.38 on Monday. VanEck Gold Miners ETF has a fifty-two week low of $40.20 and a fifty-two week high of $117.18. The company’s 50 day moving average price is $100.35 and its two-hundred day moving average price is $84.15. The firm has a market capitalization of $30.94 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

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.