First Manhattan Co. cut its stake in shares of Market Vectors Gold Miners ETF (NYSE:GDX) by 21.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,566 shares of the exchange traded fund’s stock after selling 4,500 shares during the period. First Manhattan Co.’s holdings in Market Vectors Gold Miners ETF were worth $365,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Edge Wealth Management LLC increased 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. 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 increased its position in shares of 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 valued at $1,507,000 after buying an additional 5,792 shares during the period. Harbour Capital Advisors LLC increased its position in shares of 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 valued at $2,400,000 after buying an additional 50,592 shares during the period. Finally, Hanson & Doremus Investment Management increased its position in shares of 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 valued at $1,321,000 after buying an additional 6,255 shares during the period.

Market Vectors Gold Miners ETF (NYSE GDX) opened at 22.60 on Thursday. The firm has a 50-day moving average price of $22.19 and a 200 day moving average price of $22.87. Market Vectors Gold Miners ETF has a one year low of $18.58 and a one year high of $31.79.

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Market Vectors Gold Miners ETF Company Profile

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

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