Market Vectors Gold Miners ETF (GDX) Shares Sold by IFP Advisors Inc

IFP Advisors Inc lowered its position in Market Vectors Gold Miners ETF (NYSE:GDX) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 40,116 shares of the exchange traded fund’s stock after selling 1,099 shares during the period. IFP Advisors Inc’s holdings in Market Vectors Gold Miners ETF were worth $886,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GDX. Lockheed Martin Investment Management Co. purchased a new position in Market Vectors Gold Miners ETF during the second quarter worth $3,312,000. Janney Montgomery Scott LLC increased its position in Market Vectors Gold Miners ETF by 9.3% in the second quarter. Janney Montgomery Scott LLC now owns 68,231 shares of the exchange traded fund’s stock worth $1,507,000 after buying an additional 5,792 shares during the period. Hanson & Doremus Investment Management increased its position in Market Vectors Gold Miners ETF by 11.7% in the second quarter. Hanson & Doremus Investment Management now owns 59,843 shares of the exchange traded fund’s stock worth $1,321,000 after buying an additional 6,255 shares during the period. E&G Advisors LP increased its position in Market Vectors Gold Miners ETF by 5.9% in the second quarter. E&G Advisors LP now owns 55,850 shares of the exchange traded fund’s stock worth $1,233,000 after buying an additional 3,100 shares during the period. Finally, Harbour Capital Advisors LLC increased its position in Market Vectors Gold Miners ETF by 2,108.0% in the second quarter. Harbour Capital Advisors LLC now owns 52,992 shares of the exchange traded fund’s stock worth $2,400,000 after buying an additional 50,592 shares during the period.

Shares of Market Vectors Gold Miners ETF (NYSE:GDX) opened at 22.60 on Thursday. Market Vectors Gold Miners ETF has a 12 month low of $18.58 and a 12 month high of $31.79. The stock has a 50 day moving average price of $22.19 and a 200-day moving average price of $22.87.

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About Market Vectors Gold Miners ETF

Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Market Vectors Gold Miners ETF (NYSE:GDX).

Institutional Ownership by Quarter for Market Vectors Gold Miners ETF (NYSE:GDX)

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