Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 1,106 Shares of VanEck Gold Miners ETF $GDX

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 7,075 shares of the exchange traded fund’s stock after selling 1,106 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in VanEck Gold Miners ETF were worth $368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of GDX. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $26,000. Hoey Investments Inc. grew its holdings in shares of 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. EQ Wealth Advisors LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $42,000. NorthRock Partners LLC grew its holdings in shares of 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. bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Trading Down 0.0%

VanEck Gold Miners ETF stock opened at $77.08 on Monday. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $78.32. The business’s 50 day simple moving average is $64.09 and its 200 day simple moving average is $54.79. The company has a market cap of $22.44 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77.

VanEck Gold Miners ETF Company 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.