Krilogy Financial LLC Sells 90,669 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Krilogy Financial LLC cut its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 76.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,249 shares of the exchange traded fund’s stock after selling 90,669 shares during the period. Krilogy Financial LLC’s holdings in VanEck Gold Miners ETF were worth $958,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position 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 during the period. Quadrature Capital Ltd bought a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $76,065,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in VanEck Gold Miners ETF by 70.5% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,839,319 shares of the exchange traded fund’s stock worth $73,242,000 after buying an additional 760,722 shares during the period. Stifel Financial Corp boosted its holdings in VanEck Gold Miners ETF by 6.9% in the 3rd quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock worth $51,783,000 after buying an additional 84,471 shares during the period. Finally, Carrhae Capital LLP bought a new position in VanEck Gold Miners ETF in the 3rd quarter worth approximately $43,073,000.

VanEck Gold Miners ETF Trading Up 0.4 %

GDX opened at $36.75 on Monday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The company has a market cap of $14.69 billion, a PE ratio of 28.03 and a beta of 0.85. The company has a 50 day moving average of $36.22 and a 200 day moving average of $37.92.

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.