EP Wealth Advisors LLC Sells 868 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

EP Wealth Advisors LLC lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,654 shares of the exchange traded fund’s stock after selling 868 shares during the period. EP Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,058,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of GDX. Beacon Capital Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 202.4% during the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Atwood & Palmer Inc. acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $27,000. Cedar Wealth Management LLC grew its stake in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the last quarter. LRI Investments LLC acquired a new position in shares of VanEck Gold Miners ETF during the first quarter worth $31,000. Finally, Eagle Bay Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 95.8% in the 2nd quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 575 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.6 %

Shares of GDX stock opened at $40.47 on Wednesday. VanEck Gold Miners ETF has a twelve month low of $25.62 and a twelve month high of $41.95. The stock’s fifty day simple moving average is $38.23 and its 200 day simple moving average is $35.69. The firm has a market capitalization of $16.18 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.