Nwam LLC Has $600,000 Position in Market Vectors-Coal ETF (NYSEARCA:KOL)

Nwam LLC lowered its stake in shares of Market Vectors-Coal ETF (NYSEARCA:KOL) by 1.1% during the second quarter, Holdings Channel reports. The fund owned 45,352 shares of the exchange traded fund’s stock after selling 519 shares during the period. Nwam LLC’s holdings in Market Vectors-Coal ETF were worth $600,000 as of its most recent SEC filing.

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Shares of Market Vectors-Coal ETF (NYSEARCA:KOL) opened at 14.48 on Friday. The firm’s 50-day moving average is $13.56 and its 200 day moving average is $13.42. Market Vectors-Coal ETF has a 12 month low of $10.29 and a 12 month high of $14.81.

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About Market Vectors-Coal ETF

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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