Firestone Capital Management Makes New $325,000 Investment in VanEck Natural Resources ETF (NYSEARCA:HAP)

Firestone Capital Management purchased a new stake in VanEck Natural Resources ETF (NYSEARCA:HAP) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 7,137 shares of the company’s stock, valued at approximately $325,000. Firestone Capital Management owned approximately 0.32% of VanEck Natural Resources ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its holdings in shares of VanEck Natural Resources ETF by 38.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,630 shares of the company’s stock worth $74,000 after buying an additional 451 shares in the last quarter. Horizon Advisory Services Inc. raised its position in shares of VanEck Natural Resources ETF by 20.1% in the fourth quarter. Horizon Advisory Services Inc. now owns 5,772 shares of the company’s stock worth $263,000 after buying an additional 965 shares in the last quarter. Raymond James Financial Inc. purchased a new position in VanEck Natural Resources ETF during the fourth quarter worth about $514,000. Strategic Financial Concepts LLC purchased a new stake in shares of VanEck Natural Resources ETF in the 4th quarter valued at about $551,000. Finally, IAG Wealth Partners LLC increased its position in shares of VanEck Natural Resources ETF by 10.3% in the fourth quarter. IAG Wealth Partners LLC now owns 314,902 shares of the company’s stock worth $14,360,000 after purchasing an additional 29,516 shares during the last quarter.

VanEck Natural Resources ETF Stock Performance

VanEck Natural Resources ETF stock opened at $48.88 on Tuesday. VanEck Natural Resources ETF has a fifty-two week low of $42.65 and a fifty-two week high of $53.57. The stock has a market cap of $149.08 million, a P/E ratio of 15.48 and a beta of 0.85. The firm’s fifty day moving average price is $48.20 and its 200-day moving average price is $48.69.

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.