Cambridge Investment Research Advisors Inc. increased its stake in Market Vectors Gold Miners ETF (NYSE:GDX) by 21.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 298,878 shares of the exchange traded fund’s stock after buying an additional 53,278 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Market Vectors Gold Miners ETF were worth $6,599,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Edge Wealth Management LLC raised its position in shares of 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 valued at $147,000 after buying an additional 6,787 shares during the period. Vontobel Swiss Wealth Advisors AG acquired a new stake in Market Vectors Gold Miners ETF during the second quarter valued at about $432,000. Wedbush Securities Inc. raised its stake in Market Vectors Gold Miners ETF by 10.7% in the second quarter. Wedbush Securities Inc. now owns 24,977 shares of the exchange traded fund’s stock valued at $551,000 after buying an additional 2,415 shares during the last quarter. Sigma Planning Corp raised its stake in Market Vectors Gold Miners ETF by 13.0% in the second quarter. Sigma Planning Corp now owns 34,768 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 3,989 shares during the last quarter. Finally, Puplava Financial Services Inc. raised its stake in Market Vectors Gold Miners ETF by 38.6% in the second quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock valued at $874,000 after buying an additional 11,010 shares during the last quarter.

Shares of Market Vectors Gold Miners ETF (NYSE:GDX) opened at 24.26 on Tuesday. Market Vectors Gold Miners ETF has a 52-week low of $18.58 and a 52-week high of $28.70. The firm’s 50-day moving average is $22.52 and its 200 day moving average is $22.81. Market Vectors Gold Miners ETF also was the target of some unusual options trading activity on Monday. Stock investors bought 30,881 put options on the company. This represents an increase of 140% compared to the average daily volume of 12,846 put options.

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About Market Vectors Gold Miners ETF

Institutional Ownership by Quarter for Market Vectors Gold Miners ETF (NYSE:GDX)

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