Barnes Pettey Financial Advisors LLC Sells 777 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Barnes Pettey Financial Advisors LLC cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 11.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,157 shares of the exchange traded fund’s stock after selling 777 shares during the period. Barnes Pettey Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $245,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in shares of VanEck Gold Miners ETF by 649.7% during the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in shares of VanEck Gold Miners ETF in the first quarter worth $104,346,000. National Bank of Canada FI grew its holdings in shares of VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock worth $132,617,000 after acquiring an additional 1,842,885 shares during the period. Strategic Financial Concepts LLC increased its position in VanEck Gold Miners ETF by 3,646.0% during the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock valued at $58,333,000 after acquiring an additional 1,673,315 shares during the last quarter. Finally, Blackstone Inc. bought a new position in VanEck Gold Miners ETF in the first quarter valued at about $41,106,000.

VanEck Gold Miners ETF Stock Down 1.4 %

VanEck Gold Miners ETF stock opened at $41.56 on Friday. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The company has a market cap of $16.61 billion, a P/E ratio of 28.03 and a beta of 0.85. The business has a 50-day simple moving average of $39.78 and a two-hundred day simple moving average of $36.86.

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.