VanEck Gold Miners ETF $GDX Shares Sold by Stephens Inc. AR

Stephens Inc. AR lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 39.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,190 shares of the exchange traded fund’s stock after selling 42,087 shares during the quarter. Stephens Inc. AR’s holdings in VanEck Gold Miners ETF were worth $3,394,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GDX. Hurley Capital LLC acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $26,000. Hoey Investments Inc. grew its position in VanEck Gold Miners ETF by 71.0% in the second 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 in the last quarter. RMG Wealth Management LLC acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at approximately $34,000. NorthRock Partners LLC grew its position in VanEck Gold Miners ETF by 69.1% in the first 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 in the last quarter. Finally, IMA Advisory Services Inc. acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Stock Up 0.2%

Shares of NYSEARCA:GDX opened at $72.95 on Thursday. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $85.08. The company has a 50 day moving average of $69.97 and a two-hundred day moving average of $57.62. The company has a market capitalization of $21.41 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.