CoreCap Advisors LLC Has $671,000 Stock Position in VanEck Gold Miners ETF $GDX

CoreCap Advisors LLC lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 40.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,897 shares of the exchange traded fund’s stock after selling 6,005 shares during the period. CoreCap Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $671,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GDX. Avalon Trust Co bought a new position in shares of VanEck Gold Miners ETF in the first quarter valued at $26,000. Eukles Asset Management acquired a new position in VanEck Gold Miners ETF during the fourth quarter worth $27,000. Bayban bought a new stake in VanEck Gold Miners ETF during the fourth quarter worth $27,000. Princeton Global Asset Management LLC bought a new stake in VanEck Gold Miners ETF during the first quarter worth $27,000. Finally, Evolution Wealth Management Inc. acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at $33,000.

VanEck Gold Miners ETF Price Performance

Shares of GDX stock opened at $89.89 on Friday. The company has a fifty day moving average price of $78.12 and a two-hundred day moving average price of $90.12. VanEck Gold Miners ETF has a one year low of $56.34 and a one year high of $117.18. The stock has a market cap of $27.43 billion, a P/E ratio of 21.70 and a beta of 0.65.

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.