Founders Financial Securities LLC bought a new position in shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 55,784 shares of the company’s stock, valued at approximately $3,533,000. Founders Financial Securities LLC owned approximately 0.46% of VanEck Oil Refiners ETF as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. D.A. Davidson & CO. acquired a new position in shares of VanEck Oil Refiners ETF during the third quarter valued at about $244,000. VestGen Advisors LLC acquired a new stake in shares of VanEck Oil Refiners ETF in the 3rd quarter valued at about $401,000. Convergence Financial LLC acquired a new stake in shares of VanEck Oil Refiners ETF in the 3rd quarter valued at about $3,551,000. Oppenheimer & Co. Inc. bought a new stake in VanEck Oil Refiners ETF in the 3rd quarter valued at about $749,000. Finally, Sigma Planning Corp bought a new stake in VanEck Oil Refiners ETF in the 3rd quarter valued at about $220,000.
VanEck Oil Refiners ETF Stock Performance
CRAK stock opened at $61.30 on Friday. The stock’s 50 day simple moving average is $64.07 and its 200 day simple moving average is $52.22. VanEck Oil Refiners ETF has a fifty-two week low of $37.26 and a fifty-two week high of $68.37. The company has a market cap of $747.86 million, a P/E ratio of 13.16 and a beta of 0.56.
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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