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

WESPAC Advisors LLC lessened its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,087 shares of the exchange traded fund’s stock after selling 1,099 shares during the quarter. WESPAC Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of GDX. Creative Planning raised its position in shares of VanEck Gold Miners ETF by 0.8% in the 3rd quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock worth $3,513,000 after purchasing an additional 711 shares during the last quarter. Blue Trust Inc. raised its position in shares of VanEck Gold Miners ETF by 88.1% in the 3rd quarter. Blue Trust Inc. now owns 2,110 shares of the exchange traded fund’s stock worth $84,000 after purchasing an additional 988 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of VanEck Gold Miners ETF by 8.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 21,210 shares of the exchange traded fund’s stock worth $845,000 after purchasing an additional 1,604 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of VanEck Gold Miners ETF by 342.4% in the 3rd quarter. CENTRAL TRUST Co now owns 11,822 shares of the exchange traded fund’s stock worth $471,000 after purchasing an additional 9,150 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its position in shares of VanEck Gold Miners ETF by 60.8% in the 3rd quarter. Silver Oak Securities Incorporated now owns 13,788 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 5,216 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $40.80 on Friday. VanEck Gold Miners ETF has a fifty-two week low of $25.67 and a fifty-two week high of $44.22. The business has a 50-day simple moving average of $37.54 and a two-hundred day simple moving average of $38.41. The firm has a market cap of $16.31 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.