Axxcess Wealth Management LLC Has $4.27 Million Position in VanEck Gold Miners ETF $GDX

Axxcess Wealth Management LLC decreased its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 32.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,922 shares of the exchange traded fund’s stock after selling 38,708 shares during the period. Axxcess Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $4,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hoey Investments Inc. boosted 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 purchasing an additional 213 shares in the last quarter. Hurley Capital LLC bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $26,000. RMG Wealth Management LLC bought a new stake in shares of VanEck Gold Miners ETF during the 2nd quarter valued at about $34,000. EQ Wealth Advisors LLC bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter valued at about $42,000. Finally, NorthRock Partners LLC boosted 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 purchasing an additional 380 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $78.45 on Wednesday. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $79.49. The stock’s 50-day moving average is $67.50 and its 200 day moving average is $56.31. The firm has a market cap of $23.03 billion, a price-to-earnings 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.