Investors Sell Shares of VanEck Vectors Gold Miners ETF (GDX) on Strength (GDX)

Investors sold shares of VanEck Vectors Gold Miners ETF (NYSE:GDX) on strength during trading on Monday. $36.76 million flowed into the stock on the tick-up and $145.13 million flowed out of the stock on the tick-down, for a money net flow of $108.37 million out of the stock. Of all stocks tracked, VanEck Vectors Gold Miners ETF had the 0th highest net out-flow for the day. VanEck Vectors Gold Miners ETF traded up $0.15 for the day and closed at $23.74

The stock has a 50 day moving average price of $23.89 and a 200 day moving average price of $22.94.

Several institutional investors have recently added to or reduced their stakes in GDX. Puplava Financial Services Inc. raised its holdings in shares of VanEck Vectors Gold Miners ETF by 38.6% in the 2nd quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock worth $874,000 after purchasing an additional 11,010 shares during the period. E&G Advisors LP raised its holdings in shares of VanEck Vectors Gold Miners ETF by 5.9% in the 2nd quarter. E&G Advisors LP now owns 55,850 shares of the exchange traded fund’s stock worth $1,233,000 after purchasing an additional 3,100 shares during the period. Vontobel Swiss Wealth Advisors AG purchased a new position in shares of VanEck Vectors Gold Miners ETF in the 2nd quarter worth about $432,000. Hanson & Doremus Investment Management raised its holdings in shares of VanEck Vectors Gold Miners ETF by 11.7% in the 2nd quarter. Hanson & Doremus Investment Management now owns 59,843 shares of the exchange traded fund’s stock worth $1,321,000 after purchasing an additional 6,255 shares during the period. Finally, Harbour Capital Advisors LLC raised its holdings in shares of VanEck Vectors Gold Miners ETF by 2,108.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 52,992 shares of the exchange traded fund’s stock worth $2,400,000 after purchasing an additional 50,592 shares during the period.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The original version of this news story can be accessed at https://www.com-unik.info/2017/10/11/investors-sell-shares-of-vaneck-vectors-gold-miners-etf-gdx-on-strength-gdx.html.

About VanEck Vectors Gold Miners ETF

What are top analysts saying about VanEck Vectors Gold Miners ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for VanEck Vectors Gold Miners ETF and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit