Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (AMEX: GDX) where we have detected an approximate $146.2 million dollar inflow — that’s a 1.6% increase week over week in outstanding units (from 161,652,500 to 164,252,500). Among the largest underlying components of GDX, in trading today Barrick Gold Corporation (NYSE: ABX) is up about 1.8%, Goldcorp Incorporated (NYSE: GG) is up about 2%, and Newmont Mining Corporation (NYSE: NEM) is up by about 2.2%. For a complete list of holdings, visit the GDX Holdings page »
Looking at the chart above, GDX’s low point in its 52 week range is $50.42 per share, with $66.98 as the 52 week high point — that compares with a last trade of $56.35. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average ».
