Moody Lynn & Lieberson LLC Has $695,000 Holdings in VanEck Gold Miners ETF $GDX

Moody Lynn & Lieberson LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 91.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,100 shares of the exchange traded fund’s stock after selling 96,184 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in VanEck Gold Miners ETF were worth $695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GDX. Rafferty Asset Management LLC increased its holdings in VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after buying an additional 1,503,884 shares during the period. JPMorgan Chase & Co. raised its position in VanEck Gold Miners ETF by 766.7% in the second quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after purchasing an additional 4,574,598 shares in the last quarter. Slate Path Capital LP bought a new position in VanEck Gold Miners ETF during the second quarter worth about $123,070,000. Pureheart Capital Pte Ltd. lifted its stake in VanEck Gold Miners ETF by 1.4% during the second quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock worth $69,708,000 after purchasing an additional 19,000 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in VanEck Gold Miners ETF by 99.1% during the second quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock valued at $67,990,000 after purchasing an additional 650,000 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 1.2%

Shares of GDX opened at $86.84 on Wednesday. The stock has a market cap of $26.08 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 1 year low of $33.60 and a 1 year high of $91.67. The stock has a 50 day simple moving average of $79.36 and a 200-day simple moving average of $68.23.

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.