VanEck Vectors Coal ETF (NYSEARCA:KOL) Stock Passes Above 200-Day Moving Average of $12.80

Shares of VanEck Vectors Coal ETF (NYSEARCA:KOL) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.80 and traded as high as $11.93. VanEck Vectors Coal ETF shares last traded at $11.91, with a volume of 746 shares.

The company has a fifty day simple moving average of $11.40 and a two-hundred day simple moving average of $12.80.

Several institutional investors and hedge funds have recently added to or reduced their stakes in KOL. U S Global Investors Inc. acquired a new stake in shares of VanEck Vectors Coal ETF in the second quarter valued at about $92,000. Alpine Global Management LLC acquired a new stake in shares of VanEck Vectors Coal ETF in the second quarter valued at about $133,000. Finally, Resources Investment Advisors LLC. increased its position in shares of VanEck Vectors Coal ETF by 92.9% in the second quarter. Resources Investment Advisors LLC. now owns 94,594 shares of the exchange traded fund’s stock valued at $1,256,000 after acquiring an additional 45,547 shares during the last quarter.

About VanEck Vectors Coal ETF (NYSEARCA:KOL)

Market Vectors-Coal ETF (the Fund) seeks to replicate as closely as possible the price and yield return performance of the Stowe Coal Index (COAL or the Index) by investing in a portfolio of securities that generally replicates COAL. COAL, calculated and maintained by Standard & Poor’s Custom Indices on behalf of Stowe Global Indexes LLC, is a rules-based, modified capitalization-weighted, float-adjusted index consisting of publicly traded companies worldwide that are engaged in the coal industry.

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