Blume Capital Management Inc. Has $3.09 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Blume Capital Management Inc. trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,012 shares of the exchange traded fund’s stock after selling 480 shares during the period. Blume Capital Management Inc.’s holdings in VanEck Gold Miners ETF were worth $3,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of VanEck Gold Miners ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after acquiring an additional 294,034 shares in the last quarter. Proficio Capital Partners LLC raised its holdings in shares of VanEck Gold Miners ETF by 1,116.3% during the fourth quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after acquiring an additional 1,967,832 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $76,065,000. Raymond James Financial Inc. bought a new position in VanEck Gold Miners ETF during the fourth quarter valued at about $64,425,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in VanEck Gold Miners ETF by 70.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock valued at $73,242,000 after buying an additional 760,722 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $43.21 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $28.91 and a fifty-two week high of $44.22. The stock’s 50-day moving average is $39.15 and its two-hundred day moving average is $38.70. The firm has a market cap of $14.54 billion, a P/E ratio of 22.76 and a beta of 0.96.

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.