MVR - VanEck Vectors Australian Resources ETF

[System]

Market Vectors Australian Resources ETF (MVR) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the Market Vectors Australia Energy & Mining Index (MVMVRTRG).

http://www.marketvectors-australia.com/Funds/MVR/Snapshot/

 

[System]

On May 2nd, 2016, Market Vectors Australian Resources ETF changed its name to VanEck Vectors Australian Resources ETF.

 

[BossMan.]

Anyone aware of what is causing the volatility on this one? any chart experts I presume its just low volume being traded hence the big jumps.

 

[divs4ever]

no , i glance at this maybe every 3 to 6 months ,

i strongly prefer to 'cherry-pick ' my miners

 

[divs4ever]

for example my MIN holding is in massive profits ( more than 4X currently ) because i targeted it back in 2018/2019

( before any excitement over lithium ) ( and have since rescued the investment cash twice over )

 

[peter2]

Anyone aware of what is causing the volatility on this one? any chart experts I presume its just low volume being traded hence the big jumps.

Yep, I think you're right. Although I'd like to posit that it's the market maker moving the market to grab any retail order that is entered into the market depth. They've got to be desperate for any volume in this ETF.

 

[BossMan.]

Yep, I think you're right. Although I'd like to posit that it's the market maker moving the market to grab any retail order that is entered into the market depth. They've got to be desperate for any volume in this ETF.

Its unusual - decent volume today (appears to be an outlier however)...

Hoping a strong dividend result might bring some attention back to this ETF.

 

[peter2]

At 30 April 2024. . .