Horizon Advisory Services Inc. Buys 965 Shares of VanEck Natural Resources ETF (NYSEARCA:HAP)

Horizon Advisory Services Inc. boosted its stake in shares of VanEck Natural Resources ETF (NYSEARCA:HAP) by 20.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,772 shares of the company’s stock after buying an additional 965 shares during the quarter. Horizon Advisory Services Inc. owned approximately 0.26% of VanEck Natural Resources ETF worth $263,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in HAP. Strategic Financial Concepts LLC bought a new position in VanEck Natural Resources ETF during the fourth quarter worth about $551,000. IAG Wealth Partners LLC boosted its position in VanEck Natural Resources ETF by 4.3% during the third quarter. IAG Wealth Partners LLC now owns 285,386 shares of the company’s stock worth $15,043,000 after purchasing an additional 11,792 shares during the period. Finally, Morton Capital Management LLC CA boosted its position in VanEck Natural Resources ETF by 122.5% during the fourth quarter. Morton Capital Management LLC CA now owns 432,039 shares of the company’s stock worth $19,701,000 after purchasing an additional 237,901 shares during the period.

VanEck Natural Resources ETF Stock Down 0.1 %

Shares of NYSEARCA:HAP opened at $48.78 on Tuesday. The firm has a market capitalization of $107.32 million, a PE ratio of 9.34 and a beta of 0.74. VanEck Natural Resources ETF has a twelve month low of $45.02 and a twelve month high of $53.57. The company has a 50-day moving average price of $47.41 and a two-hundred day moving average price of $49.64.

About VanEck Natural Resources ETF

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.