VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Joule Financial LLC

Joule Financial LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,491 shares of the exchange traded fund’s stock after selling 8,148 shares during the quarter. VanEck Gold Miners ETF comprises 0.6% of Joule Financial LLC’s holdings, making the stock its 26th largest position. Joule Financial LLC’s holdings in VanEck Gold Miners ETF were worth $1,769,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ausdal Financial Partners Inc. increased its holdings in VanEck Gold Miners ETF by 2.2% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,341 shares of the exchange traded fund’s stock worth $385,000 after buying an additional 249 shares during the period. Investors Research Corp boosted its holdings in shares of VanEck Gold Miners ETF by 57.3% in the 1st quarter. Investors Research Corp now owns 689 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 251 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of VanEck Gold Miners ETF by 9.5% in the fourth quarter. Bogart Wealth LLC now owns 3,472 shares of the exchange traded fund’s stock worth $118,000 after acquiring an additional 300 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of VanEck Gold Miners ETF by 1.3% in the fourth quarter. Integrated Wealth Concepts LLC now owns 26,323 shares of the exchange traded fund’s stock worth $893,000 after acquiring an additional 348 shares during the period. Finally, Avidian Wealth Enterprises LLC raised its holdings in shares of VanEck Gold Miners ETF by 4.3% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 9,051 shares of the exchange traded fund’s stock worth $307,000 after purchasing an additional 375 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $51.62 on Friday. VanEck Gold Miners ETF has a 1 year low of $32.84 and a 1 year high of $54.62. The company has a market capitalization of $15.91 billion, a PE ratio of 21.14 and a beta of 0.55. The company has a fifty day moving average of $48.61 and a 200 day moving average of $42.37.

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.