VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $66.59 and last traded at $66.51, with a volume of 426704 shares. The stock had previously closed at $65.24.
VanEck Oil Refiners ETF Stock Up 2.0%
The stock has a market cap of $536.27 million, a PE ratio of 13.16 and a beta of 0.54. The company’s fifty day moving average is $58.14 and its 200 day moving average is $51.54.
Hedge Funds Weigh In On VanEck Oil Refiners ETF
Several institutional investors and hedge funds have recently made changes to their positions in the business. Community Financial Services Group LLC bought a new stake in shares of VanEck Oil Refiners ETF in the 2nd quarter worth about $29,000. Fifth Third Bancorp bought a new stake in VanEck Oil Refiners ETF in the first quarter valued at about $40,000. Ferguson Shapiro LLC acquired a new stake in VanEck Oil Refiners ETF during the first quarter valued at approximately $207,000. Westhampton Capital LLC bought a new position in VanEck Oil Refiners ETF during the 1st quarter worth approximately $247,000. Finally, 4WEALTH Advisors Inc. acquired a new position in shares of VanEck Oil Refiners ETF in the 1st quarter worth approximately $248,000.
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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