VanEck Gold Miners ETF $GDX Shares Sold by IFP Advisors Inc

IFP Advisors Inc decreased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,623 shares of the exchange traded fund’s stock after selling 2,612 shares during the period. IFP Advisors Inc’s holdings in VanEck Gold Miners ETF were worth $2,583,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of GDX. Farther Finance Advisors LLC increased its stake in VanEck Gold Miners ETF by 10.5% during the 1st quarter. Farther Finance Advisors LLC now owns 23,837 shares of the exchange traded fund’s stock valued at $1,092,000 after buying an additional 2,270 shares during the period. Wealthcare Advisory Partners LLC increased its stake in VanEck Gold Miners ETF by 5.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 14,876 shares of the exchange traded fund’s stock valued at $684,000 after buying an additional 751 shares during the period. Focus Financial Network Inc. acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at about $421,000. Simon Quick Advisors LLC increased its stake in VanEck Gold Miners ETF by 6.5% during the 1st quarter. Simon Quick Advisors LLC now owns 9,850 shares of the exchange traded fund’s stock valued at $453,000 after buying an additional 600 shares during the period. Finally, Krilogy Financial LLC increased its stake in VanEck Gold Miners ETF by 55.6% during the 1st quarter. Krilogy Financial LLC now owns 43,964 shares of the exchange traded fund’s stock valued at $2,021,000 after buying an additional 15,715 shares during the period.

VanEck Gold Miners ETF Trading Up 0.2%

VanEck Gold Miners ETF stock opened at $75.78 on Friday. The stock has a market cap of $22.13 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The company’s 50-day moving average price is $66.58 and its two-hundred day moving average price is $55.77. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $79.49.

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.