RWA Wealth Partners LLC Buys Shares of 12,403 VanEck Natural Resources ETF (NYSEARCA:HAP)

RWA Wealth Partners LLC acquired a new stake in VanEck Natural Resources ETF (NYSEARCA:HAP) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 12,403 shares of the company’s stock, valued at approximately $605,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in VanEck Natural Resources ETF by 14.0% in the third quarter. Citigroup Inc. now owns 2,713 shares of the company’s stock worth $133,000 after purchasing an additional 334 shares during the period. Commonwealth Equity Services LLC boosted its position in VanEck Natural Resources ETF by 7.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,040 shares of the company’s stock valued at $247,000 after purchasing an additional 350 shares during the period. International Assets Investment Management LLC bought a new position in VanEck Natural Resources ETF during the 4th quarter worth $405,000. Avalon Capital Management bought a new stake in VanEck Natural Resources ETF in the fourth quarter valued at $499,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in VanEck Natural Resources ETF by 19.1% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 10,275 shares of the company’s stock worth $504,000 after acquiring an additional 1,651 shares during the period.

VanEck Natural Resources ETF Price Performance

Shares of NYSEARCA:HAP opened at $51.03 on Thursday. The stock’s 50 day moving average price is $49.36 and its 200 day moving average price is $48.38. The stock has a market cap of $112.27 million, a price-to-earnings ratio of 9.18 and a beta of 0.76. VanEck Natural Resources ETF has a 12 month low of $45.16 and a 12 month high of $52.63.

About VanEck Natural Resources ETF

The VanEck Natural Resources ETF (HAP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a consumption-based index of global hard asset firms. HAP was launched on Aug 29, 2008 and is managed by VanEck.