Wedbush Securities Inc. Has $636,000 Stock Holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

Wedbush Securities Inc. trimmed its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 12.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,872 shares of the exchange traded fund’s stock after selling 3,554 shares during the period. Wedbush Securities Inc.’s holdings in VanEck Vectors Gold Miners ETF were worth $636,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in GDX. Hexavest Inc. grew its stake in shares of VanEck Vectors Gold Miners ETF by 1.8% during the 2nd quarter. Hexavest Inc. now owns 15,488,092 shares of the exchange traded fund’s stock worth $395,876,000 after acquiring an additional 267,649 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of VanEck Vectors Gold Miners ETF by 157.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,344,570 shares of the exchange traded fund’s stock worth $254,346,000 after acquiring an additional 6,930,110 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of VanEck Vectors Gold Miners ETF by 487.2% during the 2nd quarter. Bessemer Group Inc. now owns 10,581,175 shares of the exchange traded fund’s stock worth $270,455,000 after acquiring an additional 8,779,175 shares in the last quarter. Pinnacle Advisory Group Inc. grew its stake in shares of VanEck Vectors Gold Miners ETF by 2,438.9% during the 1st quarter. Pinnacle Advisory Group Inc. now owns 1,195,215 shares of the exchange traded fund’s stock worth $26,797,000 after acquiring an additional 1,148,139 shares in the last quarter. Finally, Janney Capital Management LLC grew its stake in shares of VanEck Vectors Gold Miners ETF by 32.5% during the 1st quarter. Janney Capital Management LLC now owns 1,088,792 shares of the exchange traded fund’s stock worth $24,411,000 after acquiring an additional 266,841 shares in the last quarter.

Shares of GDX traded down $0.59 during mid-day trading on Friday, hitting $28.14. 1,333,771 shares of the company’s stock were exchanged, compared to its average volume of 46,687,660. VanEck Vectors Gold Miners ETF has a 52 week low of $17.28 and a 52 week high of $30.00. The company has a 50-day simple moving average of $27.17 and a 200 day simple moving average of $23.41.

About VanEck Vectors 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.

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Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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