GDX, GOLD, FNV, WPM: ETF Outflow Alert

HomeETFs

GDX, GOLD, FNV, WPM: ETF Outflow Alert

Wanti


Wanting right this moment at week-over-week shares excellent adjustments among the many universe of ETFs lined at ETF Channel, one standout is the Gold Miners ETF (Image: GDX) the place we’ve detected an approximate $309.four million greenback outflow — that is a 2.6% lower week over week (from 455,002,500 to 443,202,500). Among the many largest underlying elements of GDX, in buying and selling right this moment Barrick Gold Corp. (Image: GOLD) is up about 1.6%, Franco-Nevada Corp (Image: FNV) is up about 0.1%, and Wheaton Valuable Metals Corp (Image: WPM) is increased by about 0.8%. For a complete list of holdings, visit the GDX Holdings page »

The chart under exhibits the one yr worth efficiency of GDX, versus its 200 day shifting common:

Gold Miners ETF 200 Day Moving Average Chart

Wanting on the chart above, GDX’s low level in its 52 week vary is $20.14 per share, with $31.84 because the 52 week excessive level — that compares with a final commerce of $27.11. Evaluating the latest share worth to the 200 day shifting common will also be a helpful technical evaluation method — learn more about the 200 day moving average…



nasdaq.com