Geneos Wealth Management Inc. Sells 6,227 Shares of VanEck Gold Miners ETF $GDX

Geneos Wealth Management Inc. lessened its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,214 shares of the exchange traded fund’s stock after selling 6,227 shares during the quarter. Geneos Wealth Management Inc.’s holdings in VanEck Gold Miners ETF were worth $5,594,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Rafferty Asset Management LLC boosted its stake in VanEck Gold Miners ETF by 30.0% during 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of VanEck Gold Miners ETF by 766.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,977,932 shares of the exchange traded fund’s stock worth $207,091,000 after acquiring an additional 4,574,598 shares during the period. Slate Path Capital LP acquired a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $123,070,000. Pureheart Capital Pte Ltd. boosted its position in shares of VanEck Gold Miners ETF by 1.4% during the 2nd quarter. Pureheart Capital Pte Ltd. now owns 1,339,000 shares of the exchange traded fund’s stock valued at $69,708,000 after acquiring an additional 19,000 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in VanEck Gold Miners ETF by 99.1% in 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 acquiring an additional 650,000 shares during the period.

VanEck Gold Miners ETF Stock Up 4.2%

NYSEARCA:GDX opened at $92.14 on Wednesday. The firm has a market capitalization of $27.69 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $34.87 and a 12-month high of $92.21. The firm has a 50-day moving average price of $80.91 and a 200 day moving average price of $69.45.

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.