Friedenthal Financial lowered its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 12.1% during the second quarter, Holdings Channel.com reports. The firm owned 2,414 shares of the exchange traded fund’s stock after selling 333 shares during the quarter. Friedenthal Financial’s holdings in VanEck Gold Miners ETF were worth $126,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the first quarter worth approximately $26,000. Hoey Investments Inc. increased its stake in 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 acquiring an additional 213 shares during the period. RMG Wealth Management LLC bought a new position in VanEck Gold Miners ETF during the 2nd quarter worth $34,000. EQ Wealth Advisors LLC bought a new position in VanEck Gold Miners ETF during the 1st quarter worth $42,000. Finally, NorthRock Partners LLC increased its stake in 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 acquiring an additional 380 shares during the period.
VanEck Gold Miners ETF Price Performance
VanEck Gold Miners ETF stock opened at $76.97 on Wednesday. The stock’s fifty day moving average price is $65.08 and its two-hundred day moving average price is $55.18. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $79.49. The firm has a market cap of $22.41 billion, a PE ratio of 21.70 and a beta of 0.77.
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.
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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).
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