Relative Value Partners Group LLC Sells 1,828 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Relative Value Partners Group LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDXFree Report) by 10.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,100 shares of the exchange traded fund’s stock after selling 1,828 shares during the period. Relative Value Partners Group LLC’s holdings in VanEck Gold Miners ETF were worth $468,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Theory Financial LLC increased its stake in shares of VanEck Gold Miners ETF by 20.4% in the 3rd quarter. Theory Financial LLC now owns 122,839 shares of the exchange traded fund’s stock worth $3,306,000 after acquiring an additional 20,837 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in VanEck Gold Miners ETF in the fourth quarter worth about $33,675,000. Capital Investment Advisors LLC grew its holdings in VanEck Gold Miners ETF by 14.3% in the fourth quarter. Capital Investment Advisors LLC now owns 12,661 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 1,584 shares during the period. Chevy Chase Trust Holdings LLC bought a new position in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $13,822,000. Finally, Hudson Bay Capital Management LP lifted its holdings in shares of VanEck Gold Miners ETF by 29.0% during the third quarter. Hudson Bay Capital Management LP now owns 32,250 shares of the exchange traded fund’s stock valued at $868,000 after purchasing an additional 7,250 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 0.7 %

VanEck Gold Miners ETF stock opened at $35.30 on Friday. VanEck Gold Miners ETF has a twelve month low of $25.62 and a twelve month high of $37.47. The company has a market capitalization of $14.11 billion, a P/E ratio of 28.03 and a beta of 0.85. The stock’s 50 day moving average is $34.01 and its 200 day moving average is $30.78.

VanEck Gold Miners ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for VanEck Gold Miners ETF (NYSEARCA:GDX)

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