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Market Vector Russia ETF Trust (NYSE:RSX) was the target of some unusual options trading activity on Friday. Investors bought 21,451 call options on the stock, AmericanBankingNews.com reports. This represents an increase of 417% compared to the typical volume of 4,147 call options.

A number of research firms have recently commented on RSX. Analysts at Morgan Stanley downgraded shares of Market Vector Russia ETF Trust to an “underweight” rating in a research note on Friday. Analysts at JPMorgan Chase & Co. downgraded shares of Market Vector Russia ETF Trust from an “overweight” rating to an “underweight” rating in a research note on Friday, July 18th.

Shares of Market Vector Russia ETF Trust (NYSE:RSX) traded down 1.89% during mid-day trading on Friday, hitting $23.88. 7,195,090 shares of the company’s stock traded hands. Market Vector Russia ETF Trust has a 52-week low of $20.86 and a 52-week high of $30.25. The stock’s 50-day moving average is $24.82 and its 200-day moving average is $24.5.

Market Vectors Russia ETF (NYSE:RSX) seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index (DXRPUS).

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