Group One Trading LLC Trims Stake in VanEck Gold Miners ETF $GDX

Group One Trading LLC reduced its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 30.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 187,327 shares of the exchange traded fund’s stock after selling 81,196 shares during the quarter. Group One Trading LLC owned approximately 0.06% of VanEck Gold Miners ETF worth $17,191,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GDX. Mizuho Markets Cayman LP purchased a new stake in VanEck Gold Miners ETF in the 1st quarter worth approximately $2,628,000. Dynamic Wealth Strategies LLC lifted its holdings in VanEck Gold Miners ETF by 1.3% during the first quarter. Dynamic Wealth Strategies LLC now owns 34,472 shares of the exchange traded fund’s stock valued at $3,163,000 after purchasing an additional 446 shares in the last quarter. Petra Financial Advisors Inc. lifted its holdings in VanEck Gold Miners ETF by 4.7% during the first quarter. Petra Financial Advisors Inc. now owns 11,449 shares of the exchange traded fund’s stock valued at $1,051,000 after purchasing an additional 515 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter worth approximately $67,000. Finally, Titan Global Capital Management USA LLC boosted its position in shares of VanEck Gold Miners ETF by 4.1% in the first quarter. Titan Global Capital Management USA LLC now owns 23,615 shares of the exchange traded fund’s stock worth $2,167,000 after purchasing an additional 920 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $76.68 on Thursday. The firm has a fifty day moving average price of $80.30 and a 200-day moving average price of $91.38. The stock has a market cap of $23.42 billion, a PE ratio of 21.70 and a beta of 0.65. VanEck Gold Miners ETF has a 1 year low of $51.37 and a 1 year high of $117.18.

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.