Montis Financial LLC Has $1.30 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Montis Financial LLC lifted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,266 shares of the exchange traded fund’s stock after purchasing an additional 666 shares during the period. Montis Financial LLC’s holdings in VanEck Gold Miners ETF were worth $1,298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $25,000. Financial Connections Group Inc. bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $25,000. Roxbury Financial LLC bought a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $25,000. Rothschild Investment LLC boosted its holdings in shares of VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 500 shares during the period. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 329 shares during the period.

VanEck Gold Miners ETF Stock Performance

Shares of GDX stock opened at $43.64 on Friday. The company has a market capitalization of $14.68 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. The company has a 50-day simple moving average of $39.48 and a 200 day simple moving average of $38.76. VanEck Gold Miners ETF has a 52 week low of $28.91 and a 52 week high of $44.22.

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.