Market Vectors Gold Miners ETF (NYSE:GDX) saw unusually large options trading activity on Wednesday. Stock investors purchased 15,908 call options on the stock. This represents an increase of 141% compared to the typical volume of 6,601 call options.

Hedge funds have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its stake in Market Vectors Gold Miners ETF by 3.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,558 shares of the exchange traded fund’s stock worth $101,000 after buying an additional 171 shares during the period. Bronfman E.L. Rothschild L.P. raised its stake in Market Vectors Gold Miners ETF by 49.4% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 6,049 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 2,000 shares during the period. Edge Wealth Management LLC raised its stake in Market Vectors Gold Miners ETF by 22,623.3% in the second quarter. Edge Wealth Management LLC now owns 6,817 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 6,787 shares during the period. Clear Perspective Advisors LLC acquired a new stake in Market Vectors Gold Miners ETF during the second quarter worth $221,000. Finally, Bard Associates Inc. raised its stake in Market Vectors Gold Miners ETF by 1.9% in the second quarter. Bard Associates Inc. now owns 11,610 shares of the exchange traded fund’s stock worth $256,000 after buying an additional 215 shares during the period.

Market Vectors Gold Miners ETF (GDX) opened at 22.93 on Friday. The company has a 50 day moving average of $22.32 and a 200 day moving average of $22.85. Market Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $29.77.

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Market Vectors Gold Miners ETF Company Profile

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