Geneos Wealth Management Inc. Has $3.55 Million Holdings in VanEck Gold Miners ETF $GDX

Geneos Wealth Management Inc. cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 24.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,682 shares of the exchange traded fund’s stock after selling 12,836 shares during the quarter. Geneos Wealth Management Inc.’s holdings in VanEck Gold Miners ETF were worth $3,550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of GDX. Morgan Stanley grew its holdings in shares of VanEck Gold Miners ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 12,876,546 shares of the exchange traded fund’s stock worth $1,104,421,000 after purchasing an additional 90,514 shares during the last quarter. Rafferty Asset Management LLC boosted its position in shares of VanEck Gold Miners ETF by 8.2% during the 4th quarter. Rafferty Asset Management LLC now owns 7,053,592 shares of the exchange traded fund’s stock valued at $604,987,000 after purchasing an additional 534,856 shares in the last quarter. Caisse de depot et placement du Quebec bought a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $218,971,000. M&T Bank Corp boosted its stake in VanEck Gold Miners ETF by 7,491.6% during the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after acquiring an additional 1,998,748 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its position in shares of VanEck Gold Miners ETF by 68.6% during the 1st quarter. Meitav Investment House Ltd. now owns 1,211,200 shares of the exchange traded fund’s stock worth $111,152,000 after purchasing an additional 493,000 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of VanEck Gold Miners ETF stock opened at $71.32 on Friday. The stock has a 50 day moving average price of $81.69 and a two-hundred day moving average price of $91.60. VanEck Gold Miners ETF has a 52 week low of $51.12 and a 52 week high of $117.18. The stock has a market capitalization of $21.78 billion, a PE ratio of 21.70 and a beta of 0.65.

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.