MGO One Seven LLC Sells 1,668 Shares of VanEck Gold Miners ETF $GDX

MGO One Seven LLC trimmed its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.3% during the 2nd quarter, Holdings Channel reports. The firm owned 49,586 shares of the exchange traded fund’s stock after selling 1,668 shares during the quarter. MGO One Seven LLC’s holdings in VanEck Gold Miners ETF were worth $2,581,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Hoey Investments Inc. increased its position in shares of VanEck Gold Miners ETF by 71.0% in the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. LaSalle St. Investment Advisors LLC increased its position in shares of VanEck Gold Miners ETF by 0.5% in the first quarter. LaSalle St. Investment Advisors LLC now owns 43,374 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 219 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of VanEck Gold Miners ETF by 2.0% in the first quarter. CreativeOne Wealth LLC now owns 11,428 shares of the exchange traded fund’s stock worth $525,000 after purchasing an additional 225 shares during the last quarter. Apella Capital LLC increased its position in shares of VanEck Gold Miners ETF by 3.7% in the second quarter. Apella Capital LLC now owns 6,648 shares of the exchange traded fund’s stock worth $353,000 after purchasing an additional 235 shares during the last quarter. Finally, ORG Partners LLC increased its position in shares of VanEck Gold Miners ETF by 32.9% in the first quarter. ORG Partners LLC now owns 1,010 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 250 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 1.2%

GDX stock opened at $78.45 on Wednesday. The company’s 50 day moving average is $67.50 and its 200 day moving average is $56.31. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $79.49.

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.