Capital Investment Advisory Services LLC reduced its position in Market Vectors Gold Miners ETF (NYSE:GDX) by 79.6% during the second quarter, Holdings Channel reports. The firm owned 21,672 shares of the exchange traded fund’s stock after selling 84,711 shares during the period. Capital Investment Advisory Services LLC’s holdings in Market Vectors Gold Miners ETF were worth $479,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Lockheed Martin Investment Management Co. acquired a new position in shares of Market Vectors Gold Miners ETF during the second quarter valued at $3,312,000. Janney Montgomery Scott LLC boosted its position in Market Vectors Gold Miners ETF by 9.3% in the second quarter. Janney Montgomery Scott LLC now owns 68,231 shares of the exchange traded fund’s stock worth $1,507,000 after buying an additional 5,792 shares during the period. Hanson & Doremus Investment Management boosted its position in Market Vectors Gold Miners ETF by 11.7% in the second quarter. Hanson & Doremus Investment Management now owns 59,843 shares of the exchange traded fund’s stock worth $1,321,000 after buying an additional 6,255 shares during the period. E&G Advisors LP boosted its position in Market Vectors Gold Miners ETF by 5.9% in the second quarter. E&G Advisors LP now owns 55,850 shares of the exchange traded fund’s stock worth $1,233,000 after buying an additional 3,100 shares during the period. Finally, Harbour Capital Advisors LLC boosted its position in Market Vectors Gold Miners ETF by 2,108.0% in the second quarter. Harbour Capital Advisors LLC now owns 52,992 shares of the exchange traded fund’s stock worth $2,400,000 after buying an additional 50,592 shares during the period.

Market Vectors Gold Miners ETF (GDX) opened at 22.32 on Friday. The company’s 50 day moving average is $22.14 and its 200-day moving average is $22.89. Market Vectors Gold Miners ETF has a 1-year low of $18.58 and a 1-year high of $31.79. Market Vectors Gold Miners ETF also was the target of some unusual options trading activity on Wednesday. Traders purchased 15,908 call options on the stock. This is an increase of 141% compared to the average volume of 6,601 call options.

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Market Vectors Gold Miners ETF Company Profile

Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Market Vectors Gold Miners ETF (NYSE:GDX).

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

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