Sapient Capital LLC Decreases Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Sapient Capital LLC lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,293 shares of the exchange traded fund’s stock after selling 980 shares during the quarter. Sapient Capital LLC’s holdings in VanEck Gold Miners ETF were worth $1,739,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Efficient Frontier Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 2.2% during the fourth quarter. Efficient Frontier Advisors LLC now owns 107,978 shares of the exchange traded fund’s stock worth $3,662,000 after purchasing an additional 2,367 shares during the period. Kestra Private Wealth Services LLC raised its position in VanEck Gold Miners ETF by 2.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 312,350 shares of the exchange traded fund’s stock valued at $10,592,000 after purchasing an additional 7,512 shares during the last quarter. Stephens Inc. AR lifted its holdings in VanEck Gold Miners ETF by 3.2% in the 4th quarter. Stephens Inc. AR now owns 84,010 shares of the exchange traded fund’s stock worth $2,849,000 after buying an additional 2,581 shares during the period. Seelaus Asset Management LLC grew its position in shares of VanEck Gold Miners ETF by 22.7% in the 4th quarter. Seelaus Asset Management LLC now owns 17,332 shares of the exchange traded fund’s stock worth $588,000 after buying an additional 3,205 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in shares of VanEck Gold Miners ETF by 25.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 30,420 shares of the exchange traded fund’s stock valued at $1,032,000 after buying an additional 6,220 shares during the period.

VanEck Gold Miners ETF Stock Down 1.2 %

Shares of GDX stock opened at $41.44 on Wednesday. The firm has a market capitalization of $16.57 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock has a fifty day moving average of $36.91 and a 200 day moving average of $38.14. VanEck Gold Miners ETF has a 52 week low of $25.67 and a 52 week high of $44.22.

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.