Sava Penzisko Drushtvo A.D. Skopje Sells 30,000 Shares of VanEck Gold Miners ETF $GDX

Sava Penzisko Drushtvo A.D. Skopje reduced its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 16.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 150,075 shares of the exchange traded fund’s stock after selling 30,000 shares during the period. VanEck Gold Miners ETF comprises approximately 4.2% of Sava Penzisko Drushtvo A.D. Skopje’s holdings, making the stock its 8th largest holding. Sava Penzisko Drushtvo A.D. Skopje’s holdings in VanEck Gold Miners ETF were worth $12,872,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. M&T Bank Corp increased its position in VanEck Gold Miners ETF by 7,491.6% in 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 buying an additional 1,998,748 shares during the period. Rafferty Asset Management LLC increased its position in VanEck Gold Miners ETF by 30.0% in the second quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after buying an additional 1,503,884 shares during the period. Menora Mivtachim Holdings LTD. acquired a new stake in VanEck Gold Miners ETF in the third quarter worth $70,231,000. Invesco Ltd. acquired a new stake in VanEck Gold Miners ETF in the second quarter worth $31,236,000. Finally, Rit Capital Partners PLC increased its position in VanEck Gold Miners ETF by 74.7% in the fourth quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after buying an additional 512,000 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $77.72 on Friday. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18. The business’s fifty day moving average price is $90.55 and its two-hundred day moving average price is $92.88. The firm has a market capitalization of $23.95 billion, a PE ratio of 21.70 and a beta of 0.60.

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.