Mercer Global Advisors Inc. ADV cut its holdings in VanEck Natural Resources ETF (NYSEARCA:HAP – Get Rating) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 68,784 shares of the company’s stock after selling 2,034 shares during the period. Mercer Global Advisors Inc. ADV owned 2.37% of VanEck Natural Resources ETF worth $3,387,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in VanEck Natural Resources ETF by 48.0% in the 1st quarter. Citigroup Inc. now owns 1,541 shares of the company’s stock worth $85,000 after buying an additional 500 shares during the period. Spire Wealth Management bought a new position in VanEck Natural Resources ETF in the 3rd quarter worth approximately $217,000. Avantax Advisory Services Inc. bought a new position in VanEck Natural Resources ETF in the 3rd quarter worth approximately $224,000. Commonwealth Equity Services LLC bought a new position in VanEck Natural Resources ETF in the 4th quarter worth approximately $241,000. Finally, Raymond James & Associates boosted its holdings in VanEck Natural Resources ETF by 8.3% in the 3rd quarter. Raymond James & Associates now owns 5,651 shares of the company’s stock worth $245,000 after buying an additional 435 shares during the period.
VanEck Natural Resources ETF Price Performance
Shares of NYSEARCA:HAP opened at $47.51 on Monday. The firm has a fifty day moving average price of $48.81 and a two-hundred day moving average price of $49.98. VanEck Natural Resources ETF has a one year low of $41.94 and a one year high of $54.37. The company has a market cap of $128.28 million, a price-to-earnings ratio of 8.75 and a beta of 1.01.
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.
Further Reading
- Get a free copy of the StockNews.com research report on VanEck Natural Resources ETF (HAP)
- MarketBeat Week in Review – 5/8 – 5/12
- An Updraft Is Brewing For DraftKings
- PepsiCo Hits “Sweet Spot” For APAC Growth, Macros Agree
- High-Risk Mullen Automotive Continues To Build Momentum
- 3 Recession-Proof Stocks With Nice Dividends
Want to see what other hedge funds are holding HAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Natural Resources ETF (NYSEARCA:HAP – Get Rating).
Receive News & Ratings for VanEck Natural Resources ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Natural Resources ETF and related companies with MarketBeat.com's FREE daily email newsletter.
