VanEck Vectors Unconventional Oil & Gas ETF (NYSEARCA:FRAK) Trading Up 1%

VanEck Vectors Unconventional Oil & Gas ETF (NYSEARCA:FRAK) was up 1% on Monday . The company traded as high as $10.23 and last traded at $10.22, approximately 17,262 shares traded hands during mid-day trading. A decline of 9% from the average daily volume of 19,037 shares. The stock had previously closed at $10.12.

The business has a 50 day moving average price of $9.96 and a two-hundred day moving average price of $10.70.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FRAK. Wells Fargo & Company MN boosted its stake in VanEck Vectors Unconventional Oil & Gas ETF by 15.0% during the second quarter. Wells Fargo & Company MN now owns 216,539 shares of the company’s stock valued at $2,586,000 after buying an additional 28,281 shares during the last quarter. Susquehanna International Group LLP bought a new position in VanEck Vectors Unconventional Oil & Gas ETF during the second quarter valued at approximately $572,000. Finally, Jane Street Group LLC bought a new position in VanEck Vectors Unconventional Oil & Gas ETF during the second quarter valued at approximately $2,004,000.

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