Market Vectors Gold Miners ETF (NYSE:GDX) was the recipient of some unusual options trading activity on Wednesday. Traders acquired 15,908 call options on the stock. This represents an increase of approximately 141% compared to the typical volume of 6,601 call options.

Shares of Market Vectors Gold Miners ETF (NYSE:GDX) opened at 24.78 on Friday. Market Vectors Gold Miners ETF has a 12-month low of $18.58 and a 12-month high of $28.70. The company has a 50-day moving average of $22.93 and a 200 day moving average of $22.79.

A number of institutional investors have recently bought and sold shares of GDX. Oppenheimer Asset Management Inc. increased its position 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 in the last quarter. Bronfman E.L. Rothschild L.P. increased its position 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 in the last quarter. Edge Wealth Management LLC increased its position 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 in the last quarter. Clear Perspective Advisors LLC bought a new position in Market Vectors Gold Miners ETF during the second quarter worth $221,000. Finally, Bard Associates Inc. increased its position 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 in the last quarter.

COPYRIGHT VIOLATION NOTICE: “Market Vectors Gold Miners ETF Target of Unusually Large Options Trading (GDX)” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/02/market-vectors-gold-miners-etf-target-of-unusually-large-options-trading-gdx.html.

Market Vectors Gold Miners ETF Company Profile

Receive News & Stock Ratings for Market Vectors Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Market Vectors Gold Miners ETF and related stocks with our FREE daily email newsletter.