VanEck Gold Miners ETF $GDX Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,762 shares of the exchange traded fund’s stock after selling 1,051 shares during the quarter. PNC Financial Services Group Inc.’s holdings in VanEck Gold Miners ETF were worth $2,018,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in VanEck Gold Miners ETF by 18.8% in the first quarter. Bank of New York Mellon Corp now owns 10,992 shares of the exchange traded fund’s stock valued at $505,000 after buying an additional 1,741 shares during the period. Victory Capital Management Inc. increased its position in shares of VanEck Gold Miners ETF by 15.8% in the first quarter. Victory Capital Management Inc. now owns 475,712 shares of the exchange traded fund’s stock worth $21,868,000 after acquiring an additional 65,034 shares in the last quarter. IFP Advisors Inc increased its position in shares of VanEck Gold Miners ETF by 14.9% in the first quarter. IFP Advisors Inc now owns 52,235 shares of the exchange traded fund’s stock worth $2,401,000 after acquiring an additional 6,766 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in shares of VanEck Gold Miners ETF in the 1st quarter valued at $9,566,000. Finally, Proficio Capital Partners LLC lifted its holdings in shares of VanEck Gold Miners ETF by 19.6% during the 1st quarter. Proficio Capital Partners LLC now owns 170,503 shares of the exchange traded fund’s stock valued at $7,838,000 after acquiring an additional 27,915 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $75.63 on Wednesday. The firm has a market capitalization of $22.71 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $85.08. The stock’s 50 day moving average price is $74.34 and its 200 day moving average price is $61.21.

VanEck Gold Miners ETF 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.