VanEck Gold Miners ETF $GDX Shares Sold by Rockport Wealth LLC

Rockport Wealth LLC lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 42,142 shares of the exchange traded fund’s stock after selling 31,189 shares during the quarter. Rockport Wealth LLC’s holdings in VanEck Gold Miners ETF were worth $3,614,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Constant Guidance Financial LLC acquired a new stake in shares of VanEck Gold Miners ETF during the third quarter worth about $1,433,000. Tradewinds LLC. acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $1,568,000. Advisory Alpha LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $455,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $848,000. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $3,649,000.

VanEck Gold Miners ETF Stock Down 0.2%

Shares of NYSEARCA:GDX opened at $87.14 on Tuesday. The firm’s 50 day moving average price is $93.15 and its 200 day moving average price is $91.61. The stock has a market cap of $26.85 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a fifty-two week low of $46.65 and a fifty-two week high of $117.18.

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.