VanEck Vectors Gold Miners ETF (NYSE:GDX) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 43,600 put options on the company. This represents an increase of approximately 121% compared to the typical volume of 19,751 put options.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GDX. Puplava Financial Services Inc. grew its holdings in VanEck Vectors Gold Miners ETF by 38.6% during the 2nd quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock valued at $874,000 after purchasing an additional 11,010 shares in the last quarter. E&G Advisors LP grew its holdings in VanEck Vectors Gold Miners ETF by 5.9% during the 2nd quarter. E&G Advisors LP now owns 55,850 shares of the exchange traded fund’s stock valued at $1,233,000 after purchasing an additional 3,100 shares in the last quarter. Vontobel Swiss Wealth Advisors AG acquired a new stake in VanEck Vectors Gold Miners ETF during the 2nd quarter valued at $432,000. Hanson & Doremus Investment Management grew its holdings in VanEck Vectors Gold Miners ETF by 11.7% during the 2nd quarter. Hanson & Doremus Investment Management now owns 59,843 shares of the exchange traded fund’s stock valued at $1,321,000 after purchasing an additional 6,255 shares in the last quarter. Finally, Harbour Capital Advisors LLC grew its holdings in VanEck Vectors Gold Miners ETF by 2,108.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 52,992 shares of the exchange traded fund’s stock valued at $2,400,000 after purchasing an additional 50,592 shares in the last quarter.

VanEck Vectors Gold Miners ETF (NYSE GDX) opened at 23.47 on Friday. VanEck Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $28.56. The company’s 50 day moving average is $23.65 and its 200-day moving average is $22.83.

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