VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Maven Securities LTD

Maven Securities LTD lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 57.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,133 shares of the exchange traded fund’s stock after selling 12,331 shares during the quarter. Maven Securities LTD’s holdings in VanEck Gold Miners ETF were worth $310,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cetera Investment Advisers boosted its holdings in VanEck Gold Miners ETF by 17.1% in the second quarter. Cetera Investment Advisers now owns 906,354 shares of the exchange traded fund’s stock valued at $30,753,000 after purchasing an additional 132,172 shares during the period. B. Riley Wealth Advisors Inc. raised its position in VanEck Gold Miners ETF by 8.5% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 26,276 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 2,061 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 7.8% in the 2nd quarter. Regal Investment Advisors LLC now owns 26,818 shares of the exchange traded fund’s stock valued at $910,000 after buying an additional 1,945 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of VanEck Gold Miners ETF by 31.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 162,935 shares of the exchange traded fund’s stock worth $5,528,000 after buying an additional 39,380 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 120.3% during the second quarter. NewEdge Advisors LLC now owns 368,727 shares of the exchange traded fund’s stock worth $12,511,000 after buying an additional 201,375 shares during the period.

VanEck Gold Miners ETF Stock Down 0.2 %

Shares of NYSEARCA:GDX opened at $40.37 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $41.95. The firm’s 50 day moving average price is $38.29 and its 200 day moving average price is $35.72. The stock has a market cap of $16.14 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.