Western Wealth Management LLC acquired a new stake in shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,418 shares of the company’s stock, valued at approximately $503,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Journey Advisory Group LLC purchased a new stake in VanEck Oil Refiners ETF in the fourth quarter worth approximately $3,717,000. Flow Traders U.S. LLC raised its stake in VanEck Oil Refiners ETF by 46.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 32,510 shares of the company’s stock valued at $1,193,000 after buying an additional 10,239 shares during the last quarter. Signal Advisors Wealth LLC bought a new position in shares of VanEck Oil Refiners ETF during the 4th quarter valued at $231,000. Raymond James Financial Inc. bought a new position in shares of VanEck Oil Refiners ETF during the 2nd quarter valued at $121,000. Finally, Sunbelt Securities Inc. boosted its stake in shares of VanEck Oil Refiners ETF by 25.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,500 shares of the company’s stock worth $92,000 after buying an additional 500 shares during the last quarter.
VanEck Oil Refiners ETF Price Performance
Shares of CRAK opened at $49.26 on Friday. VanEck Oil Refiners ETF has a one year low of $28.86 and a one year high of $51.99. The firm has a market capitalization of $143.84 million, a P/E ratio of 13.16 and a beta of 0.55. The business has a fifty day moving average of $48.31 and a 200 day moving average of $43.38.
About VanEck Oil Refiners ETF
The VanEck Oil Refiners ETF (CRAK) is an exchange-traded fund that is based on the MVIS Global Oil Refiners index. The fund tracks a market-cap index of global stocks issued by firms that earn at least 50% of their revenue from oil refining. CRAK was launched on Aug 18, 2015 and is managed by VanEck.
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