Pekin Hardy Strauss Inc. bought a new position in shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 28,957 shares of the company’s stock, valued at approximately $1,834,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in CRAK. Community Financial Services Group LLC purchased a new stake in shares of VanEck Oil Refiners ETF in the 2nd quarter valued at about $29,000. Fifth Third Bancorp purchased a new position in VanEck Oil Refiners ETF during the 1st quarter worth approximately $40,000. Farther Finance Advisors LLC acquired a new position in VanEck Oil Refiners ETF during the third quarter worth approximately $128,000. Simplicity Wealth LLC acquired a new position in VanEck Oil Refiners ETF during the third quarter worth approximately $216,000. Finally, Sigma Planning Corp acquired a new position in VanEck Oil Refiners ETF during the third quarter worth approximately $220,000.
VanEck Oil Refiners ETF Stock Performance
NYSEARCA CRAK traded down $1.05 on Friday, reaching $55.55. The stock had a trading volume of 316,210 shares, compared to its average volume of 293,163. VanEck Oil Refiners ETF has a 12-month low of $37.26 and a 12-month high of $68.37. The business’s 50-day moving average price is $63.99 and its 200 day moving average price is $52.80. The stock has a market cap of $556.61 million, a P/E ratio of 13.16 and a beta of 0.58.
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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Want to see what other hedge funds are holding CRAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report).
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