Wesbanco Bank Inc. Has $265,000 Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Wesbanco Bank Inc. decreased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,802 shares of the exchange traded fund’s stock after selling 400 shares during the period. Wesbanco Bank Inc.’s holdings in VanEck Gold Miners ETF were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of VanEck Gold Miners ETF by 3.2% in the third quarter. JPMorgan Chase & Co. now owns 9,527,798 shares of the exchange traded fund’s stock valued at $379,397,000 after purchasing an additional 294,034 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $76,065,000. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of VanEck Gold Miners ETF by 70.5% in 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 purchasing an additional 760,722 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of VanEck Gold Miners ETF by 6.9% in the third quarter. Stifel Financial Corp now owns 1,300,414 shares of the exchange traded fund’s stock valued at $51,783,000 after purchasing an additional 84,471 shares in the last quarter. Finally, Carrhae Capital LLP acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $43,073,000.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $37.95 on Friday. The firm has a market cap of $15.17 billion, a P/E ratio of 28.03 and a beta of 0.85. The firm has a 50 day simple moving average of $36.37 and a 200 day simple moving average of $37.94. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two 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.