Oppenheimer & Co. Inc. Buys New Shares in VanEck Oil Refiners ETF $CRAK

Oppenheimer & Co. Inc. bought a new stake in VanEck Oil Refiners ETF (NYSEARCA:CRAK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,825 shares of the company’s stock, valued at approximately $749,000. Oppenheimer & Co. Inc. owned approximately 0.10% of VanEck Oil Refiners ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Community Financial Services Group LLC bought a new position in shares of VanEck Oil Refiners ETF during the 2nd quarter worth approximately $29,000. Fifth Third Bancorp bought a new stake in shares of VanEck Oil Refiners ETF in the first quarter worth $40,000. Farther Finance Advisors LLC bought a new stake in shares of VanEck Oil Refiners ETF in the third quarter worth $128,000. Simplicity Wealth LLC bought a new stake in shares of VanEck Oil Refiners ETF in the third quarter worth $216,000. Finally, Sigma Planning Corp acquired a new position in VanEck Oil Refiners ETF during the third quarter worth $220,000.

VanEck Oil Refiners ETF Trading Down 0.6%

Shares of CRAK opened at $60.60 on Wednesday. The stock has a market capitalization of $699.93 million, a price-to-earnings ratio of 13.16 and a beta of 0.58. VanEck Oil Refiners ETF has a 12 month low of $37.26 and a 12 month high of $68.37. The firm has a fifty day simple moving average of $64.13 and a 200 day simple moving average of $52.54.

VanEck Oil Refiners ETF Company Profile

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.