D.A. Davidson & CO. Sells 18,267 Shares of VanEck Gold Miners ETF $GDX

D.A. Davidson & CO. cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 23.5% during the first quarter, Holdings Channel.com reports. The fund owned 59,617 shares of the exchange traded fund’s stock after selling 18,267 shares during the period. D.A. Davidson & CO.’s holdings in VanEck Gold Miners ETF were worth $5,471,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in shares of VanEck Gold Miners ETF by 106.2% in the 1st 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. bought a new stake in VanEck Gold Miners ETF in the second quarter valued at about $31,236,000. Natixis increased its holdings 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 lifted 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 buying an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in VanEck Gold Miners ETF in the second quarter valued at about $846,000.

VanEck Gold Miners ETF Trading Down 0.1%

Shares of GDX opened at $71.32 on Friday. VanEck Gold Miners ETF has a 1 year low of $51.12 and a 1 year high of $117.18. The stock has a market cap of $21.78 billion, a P/E ratio of 21.70 and a beta of 0.65. The stock’s 50-day moving average price is $81.69 and its two-hundred day moving average price is $91.60.

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.