Mercer Global Advisors Inc. ADV reduced its stake in shares of VanEck Natural Resources ETF (NYSEARCA:HAP – Free Report) by 0.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,355 shares of the company’s stock after selling 344 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.07% of VanEck Natural Resources ETF worth $8,116,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC bought a new position in VanEck Natural Resources ETF in the second quarter valued at approximately $652,000. Focus Financial Network Inc. ADV bought a new position in shares of VanEck Natural Resources ETF in the 4th quarter valued at $595,000. Cetera Advisors LLC raised its holdings in shares of VanEck Natural Resources ETF by 19.9% during the 1st quarter. Cetera Advisors LLC now owns 5,276 shares of the company’s stock worth $269,000 after buying an additional 874 shares in the last quarter. ORG Partners LLC bought a new stake in shares of VanEck Natural Resources ETF during the 2nd quarter worth $616,000. Finally, Morton Capital Management LLC CA boosted its stake in VanEck Natural Resources ETF by 27.7% in the first quarter. Morton Capital Management LLC CA now owns 181,862 shares of the company’s stock valued at $9,262,000 after buying an additional 39,448 shares in the last quarter.
VanEck Natural Resources ETF Trading Down 0.6 %
Shares of NYSEARCA HAP opened at $51.32 on Friday. The company has a market cap of $112.91 million, a price-to-earnings ratio of 9.34 and a beta of 0.74. VanEck Natural Resources ETF has a 12 month low of $45.89 and a 12 month high of $53.41. The stock has a 50-day moving average price of $50.30 and a two-hundred day moving average price of $50.63.
VanEck Natural Resources ETF Profile
The VanEck Natural Resources ETF (HAP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a consumption-based index of global hard asset firms. HAP was launched on Aug 29, 2008 and is managed by VanEck.
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