WESPAC Advisors LLC Sells 1,099 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

WESPAC Advisors LLC lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,087 shares of the exchange traded fund’s stock after selling 1,099 shares during the period. WESPAC Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $376,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Leuthold Group LLC boosted its holdings in VanEck Gold Miners ETF by 139.1% in the fourth quarter. Leuthold Group LLC now owns 52,205 shares of the exchange traded fund’s stock valued at $1,770,000 after acquiring an additional 30,368 shares in the last quarter. Drum Hill Capital LLC bought a new stake in VanEck Gold Miners ETF in the fourth quarter valued at $1,974,000. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of VanEck Gold Miners ETF by 18.1% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 306,090 shares of the exchange traded fund’s stock valued at $10,380,000 after buying an additional 46,919 shares in the last quarter. Citizens National Bank Trust Department boosted its holdings in shares of VanEck Gold Miners ETF by 8.2% during the 4th quarter. Citizens National Bank Trust Department now owns 7,246 shares of the exchange traded fund’s stock valued at $246,000 after buying an additional 550 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of VanEck Gold Miners ETF by 48.7% during the 4th quarter. Concurrent Investment Advisors LLC now owns 33,702 shares of the exchange traded fund’s stock valued at $1,143,000 after buying an additional 11,030 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 3.4 %

Shares of GDX stock opened at $40.80 on Friday. VanEck Gold Miners ETF has a 12 month low of $25.67 and a 12 month high of $44.22. The stock has a market cap of $16.31 billion, a PE ratio of 28.03 and a beta of 0.85. The company’s fifty day moving average price is $37.54 and its 200-day moving average price is $38.41.

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.