Associated Banc Corp Sells 2,527 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Associated Banc Corp cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 187,972 shares of the exchange traded fund’s stock after selling 2,527 shares during the quarter. Associated Banc Corp’s holdings in VanEck Gold Miners ETF were worth $7,485,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Brown Brothers Harriman & Co. bought a new stake in VanEck Gold Miners ETF in the third quarter worth $281,000. DRW Securities LLC acquired a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at about $817,000. Pekin Hardy Strauss Inc. raised its stake in shares of VanEck Gold Miners ETF by 0.3% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 243,661 shares of the exchange traded fund’s stock valued at $9,703,000 after acquiring an additional 735 shares in the last quarter. WESPAC Advisors LLC bought a new stake in VanEck Gold Miners ETF during the third quarter worth approximately $485,000. Finally, Kingsview Wealth Management LLC grew its holdings in VanEck Gold Miners ETF by 179.6% during the third quarter. Kingsview Wealth Management LLC now owns 24,200 shares of the exchange traded fund’s stock valued at $964,000 after purchasing an additional 15,545 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX traded down $1.19 during midday trading on Monday, hitting $37.09. The company’s stock had a trading volume of 4,179,338 shares, compared to its average volume of 22,587,297. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock’s 50 day simple moving average is $39.84 and its 200 day simple moving average is $37.56.

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.