Heck Capital Advisors LLC Sells 16,493 Shares of VanEck Gold Miners ETF $GDX

Heck Capital Advisors LLC reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 20.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 63,928 shares of the exchange traded fund’s stock after selling 16,493 shares during the period. Heck Capital Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $3,328,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of GDX. American National Bank & Trust acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at approximately $68,000. Integrity Alliance LLC. acquired a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth $254,000. Banque Pictet & Cie SA grew its position in VanEck Gold Miners ETF by 1.5% during the 2nd quarter. Banque Pictet & Cie SA now owns 66,000 shares of the exchange traded fund’s stock worth $3,436,000 after purchasing an additional 1,000 shares during the last quarter. SeaBridge Investment Advisors LLC purchased a new stake in VanEck Gold Miners ETF during the 2nd quarter worth approximately $569,000. Finally, Modera Wealth Management LLC acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at approximately $404,000.

VanEck Gold Miners ETF Trading Down 0.0%

NYSEARCA GDX opened at $77.08 on Monday. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $78.32. The company has a fifty day simple moving average of $64.09 and a two-hundred day simple moving average of $54.79. The stock has a market cap of $22.44 billion, a P/E ratio of 21.70 and a beta of 0.77.

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.