VanEck Gold Miners ETF $GDX Shares Sold by Park Edge Advisors LLC

Park Edge Advisors LLC trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 78.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,483 shares of the exchange traded fund’s stock after selling 30,443 shares during the period. Park Edge Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its stake in VanEck Gold Miners ETF by 106.2% during the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 12,408 shares during the last quarter. Invesco Ltd. acquired a new position in VanEck Gold Miners ETF in the second quarter valued at approximately $31,236,000. Natixis increased its stake in VanEck Gold Miners ETF by 196.1% in the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after purchasing an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in VanEck Gold Miners ETF by 194.3% in the second quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after purchasing an additional 24,022 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new position in VanEck Gold Miners ETF in the second quarter valued at approximately $846,000.

VanEck Gold Miners ETF Trading Down 4.0%

GDX stock opened at $74.59 on Thursday. The stock has a market cap of $22.98 billion, a P/E ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a twelve month low of $50.32 and a twelve month high of $117.18. The company’s 50 day moving average is $87.89 and its two-hundred day moving average is $92.93.

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.