EP Wealth Advisors LLC Has $2.06 Million Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

EP Wealth Advisors LLC lessened its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.4% during the second quarter, Holdings Channel.com reports. The firm owned 60,654 shares of the exchange traded fund’s stock after selling 868 shares during the quarter. EP Wealth Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $2,058,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of GDX. Beacon Capital Management LLC boosted its holdings in VanEck Gold Miners ETF by 202.4% in the second quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Atwood & Palmer Inc. bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at $27,000. LRI Investments LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $28,000. Cedar Wealth Management LLC raised its stake in VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 339 shares during the last quarter. Finally, Eagle Bay Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the period.

VanEck Gold Miners ETF Trading Up 1.6 %

Shares of GDX opened at $40.47 on Wednesday. The firm’s fifty day simple moving average is $38.23 and its two-hundred day simple moving average is $35.69. VanEck Gold Miners ETF has a 12 month low of $25.62 and a 12 month high of $41.95. The stock has a market capitalization of $16.18 billion, a P/E 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.