Apollon Wealth Management LLC Sells 11,769 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Apollon Wealth Management LLC trimmed its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 26.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 32,324 shares of the exchange traded fund’s stock after selling 11,769 shares during the quarter. Apollon Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,096,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GDX. Eastern Bank bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $25,000. Aptus Capital Advisors LLC grew its holdings in shares of VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the last quarter. St. Johns Investment Management Company LLC bought a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $49,000. ORG Wealth Partners LLC acquired a new position in shares of VanEck Gold Miners ETF during the third quarter valued at $49,000. Finally, Laurel Wealth Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 2,586.2% during the fourth quarter. Laurel Wealth Advisors LLC now owns 1,558 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 1,500 shares during the period.

VanEck Gold Miners ETF Stock Down 1.2 %

Shares of GDX opened at $41.44 on Wednesday. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22. The firm has a market capitalization of $16.57 billion, a PE ratio of 28.03 and a beta of 0.85. The stock’s fifty day simple moving average is $36.91 and its 200-day simple moving average is $38.14.

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.