Union Bancaire Privee UBP SA Sells 77,243 Shares of VanEck Gold Miners ETF $GDX

Union Bancaire Privee UBP SA lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 80.0% in the 1st quarter, Holdings Channel reports. The firm owned 19,361 shares of the exchange traded fund’s stock after selling 77,243 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in VanEck Gold Miners ETF were worth $1,624,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Advisory Alpha LLC bought a new position in shares of VanEck Gold Miners ETF in the 3rd quarter valued at approximately $455,000. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $848,000. Redhawk Wealth Advisors Inc. raised its position in shares of VanEck Gold Miners ETF by 1,433.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 94,010 shares of the exchange traded fund’s stock valued at $8,063,000 after purchasing an additional 87,880 shares during the period. Sanders Morris Harris LLC acquired a new stake in shares of VanEck Gold Miners ETF in the fourth quarter worth $867,000. Finally, Mainstay Capital Management LLC ADV bought a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter worth $1,421,000.

VanEck Gold Miners ETF Trading Up 1.8%

NYSEARCA:GDX opened at $77.00 on Friday. The firm has a market capitalization of $23.72 billion, a PE ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 1 year low of $50.32 and a 1 year high of $117.18. The firm’s fifty day simple moving average is $86.97 and its 200 day simple moving average is $92.78.

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.