VanEck Gold Miners ETF $GDX Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc cut its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 22.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,957 shares of the exchange traded fund’s stock after selling 4,984 shares during the period. Stack Financial Management Inc’s holdings in VanEck Gold Miners ETF were worth $883,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. 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 valued at $27,000 after acquiring an additional 213 shares during the period. Hurley Capital LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $26,000. RMG Wealth Management LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $34,000. EQ Wealth Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $42,000. Finally, 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 valued at $43,000 after acquiring an additional 380 shares during the period.

VanEck Gold Miners ETF Stock Up 0.2%

NYSEARCA:GDX opened at $75.78 on Monday. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $79.49. The stock has a market capitalization of $22.25 billion, a PE ratio of 21.70 and a beta of 0.77. The stock’s 50-day moving average price is $66.58 and its 200-day moving average price is $55.92.

VanEck Gold Miners ETF Company 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.