Capital Management Associates NY Cuts Stock Position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)


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Capital Management Associates NY lessened its holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 29.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,500 shares of the exchange traded fund’s stock after selling 9,500 shares during the period. Capital Management Associates NY’s holdings in VanEck Vectors Gold Miners ETF were worth $810,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Summit X LLC bought a new position in shares of VanEck Vectors Gold Miners ETF in the 3rd quarter valued at about $31,000. Disciplined Investments LLC bought a new position in shares of VanEck Vectors Gold Miners ETF in the 3rd quarter valued at about $34,000. Baystate Wealth Management LLC bought a new position in shares of VanEck Vectors Gold Miners ETF in the 4th quarter valued at about $36,000. HBC Financial Services PLLC bought a new stake in VanEck Vectors Gold Miners ETF in the fourth quarter worth about $38,000. Finally, JBF Capital Inc. bought a new stake in VanEck Vectors Gold Miners ETF in the third quarter worth about $39,000.

NYSEARCA GDX traded down $0.93 during trading on Tuesday, hitting $33.28. The stock had a trading volume of 1,139,607 shares, compared to its average volume of 24,422,043. VanEck Vectors Gold Miners ETF has a one year low of $16.18 and a one year high of $45.78. The stock has a 50 day simple moving average of $35.10 and a 200 day simple moving average of $37.78.

About VanEck Vectors Gold Miners ETF

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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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX).

Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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