VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report) shares saw strong trading volume on Thursday. 543,069 shares traded hands during trading, an increase of 154% from the previous session’s volume of 213,451 shares. The stock last traded at $64.2870 and had previously closed at $64.08.
VanEck Oil Refiners ETF Price Performance
The company’s 50-day simple moving average is $59.90 and its 200-day simple moving average is $52.42. The stock has a market capitalization of $605.41 million, a P/E ratio of 13.16 and a beta of 0.54.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Community Financial Services Group LLC acquired a new stake in VanEck Oil Refiners ETF in the 2nd quarter valued at about $29,000. Fifth Third Bancorp acquired a new position in VanEck Oil Refiners ETF during the first quarter worth approximately $40,000. Ferguson Shapiro LLC acquired a new position in VanEck Oil Refiners ETF during the first quarter worth approximately $207,000. Westhampton Capital LLC bought a new stake in VanEck Oil Refiners ETF in the first quarter valued at approximately $247,000. Finally, 4WEALTH Advisors Inc. bought a new stake in VanEck Oil Refiners ETF in the first quarter valued at approximately $248,000.
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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