Journey Advisory Group LLC increased its stake in VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report) by 135.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 233,373 shares of the company’s stock after buying an additional 134,273 shares during the quarter. VanEck Oil Refiners ETF comprises 1.0% of Journey Advisory Group LLC’s portfolio, making the stock its 28th largest position. Journey Advisory Group LLC owned about 7.99% of VanEck Oil Refiners ETF worth $11,529,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of the stock. Sunbelt Securities Inc. lifted its position in VanEck Oil Refiners ETF by 25.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,500 shares of the company’s stock worth $92,000 after acquiring an additional 500 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of VanEck Oil Refiners ETF during the first quarter valued at approximately $40,000. Farther Finance Advisors LLC purchased a new stake in shares of VanEck Oil Refiners ETF during the fourth quarter valued at approximately $77,000. Raymond James Financial Inc. purchased a new stake in shares of VanEck Oil Refiners ETF during the second quarter valued at approximately $121,000. Finally, Ferguson Shapiro LLC acquired a new position in shares of VanEck Oil Refiners ETF during the first quarter worth $207,000.
VanEck Oil Refiners ETF Trading Down 0.1%
Shares of CRAK stock opened at $52.64 on Thursday. The company has a market capitalization of $172.66 million, a PE ratio of 13.16 and a beta of 0.53. The firm has a fifty day simple moving average of $48.34 and a 200-day simple moving average of $46.04. VanEck Oil Refiners ETF has a twelve month low of $32.77 and a twelve month high of $53.10.
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.
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