Kalos Management Inc. increased its position in shares of VanEck Vectors Russia ETF (NYSEARCA:RSX) by 18.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,478 shares of the exchange traded fund’s stock after buying an additional 2,996 shares during the period. Kalos Management Inc.’s holdings in VanEck Vectors Russia ETF were worth $562,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in RSX. Banque Cantonale Vaudoise bought a new stake in VanEck Vectors Russia ETF in the first quarter valued at $26,000. Rockefeller Capital Management L.P. acquired a new position in shares of VanEck Vectors Russia ETF during the second quarter valued at about $80,000. Geneos Wealth Management Inc. grew its holdings in shares of VanEck Vectors Russia ETF by 33.7% during the first quarter. Geneos Wealth Management Inc. now owns 3,375 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 850 shares during the last quarter. Solstein Capital LLC acquired a new position in shares of VanEck Vectors Russia ETF during the first quarter valued at about $172,000. Finally, BCJ Capital Management LLC acquired a new position in shares of VanEck Vectors Russia ETF during the first quarter valued at about $206,000.
Shares of NYSEARCA RSX traded up $0.53 during mid-day trading on Wednesday, reaching $30.04. 40,719 shares of the company’s stock traded hands, compared to its average volume of 4,227,374. The business has a 50-day simple moving average of $29.15 and a 200 day simple moving average of $27.93. VanEck Vectors Russia ETF has a 1-year low of $19.39 and a 1-year high of $30.68.
Market Vectors Russia ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the DAXglobal Russia+ Index (DXRPUS). DXRPUS is a modified market capitalization-weighted index consisting of publicly traded companies that are domiciled in Russia. DXRPUS comprises a diversified group of many of the largest and most liquid companies in the investable universe.
Recommended Story: What is a short straddle?
Receive News & Ratings for VanEck Vectors Russia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors Russia ETF and related companies with MarketBeat.com's FREE daily email newsletter.