Janney Montgomery Scott LLC lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 38.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 207,489 shares of the exchange traded fund’s stock after selling 128,658 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.07% of VanEck Gold Miners ETF worth $10,802,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. Hurley Capital LLC bought a new position in VanEck Gold Miners ETF in the 1st quarter valued at $26,000. Hoey Investments Inc. grew its position in shares of VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 213 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth $42,000. NorthRock Partners LLC grew its position in shares of VanEck Gold Miners ETF by 69.1% during the 1st quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 380 shares in the last quarter. Finally, IMA Advisory Services Inc. bought a new position in shares of VanEck Gold Miners ETF during the 1st quarter worth $44,000.
VanEck Gold Miners ETF Trading Down 0.0%
GDX opened at $77.08 on Friday. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $78.32. The business’s fifty day simple moving average is $64.09 and its 200-day simple moving average is $54.72. The company has a market capitalization of $22.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77.
About VanEck Gold Miners ETF
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.
See Also
- Five stocks we like better than VanEck Gold Miners ETF
- ESG Stocks, What Investors Should Know
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- Stock Sentiment Analysis: How it Works
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- Pets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
Receive News & Ratings for VanEck Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
