Barnes Pettey Financial Advisors LLC Sells 777 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Barnes Pettey Financial Advisors LLC cut its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,157 shares of the exchange traded fund’s stock after selling 777 shares during the quarter. Barnes Pettey Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GDX. Park Avenue Securities LLC grew its position in shares of VanEck Gold Miners ETF by 26.3% in the 1st quarter. Park Avenue Securities LLC now owns 17,921 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 3,730 shares during the period. Brookstone Capital Management increased its stake in shares of VanEck Gold Miners ETF by 8.8% during the first quarter. Brookstone Capital Management now owns 20,853 shares of the exchange traded fund’s stock valued at $659,000 after purchasing an additional 1,682 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 18.9% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 18,707 shares of the exchange traded fund’s stock valued at $592,000 after purchasing an additional 2,968 shares during the last quarter. Pettinga Financial Advisors LLC boosted its position in shares of VanEck Gold Miners ETF by 2.7% in the 1st quarter. Pettinga Financial Advisors LLC now owns 44,972 shares of the exchange traded fund’s stock worth $1,422,000 after purchasing an additional 1,187 shares in the last quarter. Finally, Congress Wealth Management LLC DE grew its stake in shares of VanEck Gold Miners ETF by 7.4% in the 1st quarter. Congress Wealth Management LLC DE now owns 297,853 shares of the exchange traded fund’s stock worth $9,418,000 after buying an additional 20,431 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 1.4 %

VanEck Gold Miners ETF stock opened at $41.56 on Friday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s fifty day simple moving average is $39.78 and its two-hundred day simple moving average is $36.86.

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.