VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report) shares saw unusually-high trading volume on Thursday . 543,069 shares changed hands during trading, an increase of 154% from the previous session’s volume of 213,451 shares.The stock last traded at $64.2870 and had previously closed at $64.08.
VanEck Oil Refiners ETF Trading Up 0.8%
The stock has a market cap of $589.12 million, a price-to-earnings ratio of 13.16 and a beta of 0.54. The stock has a fifty day simple moving average of $59.49 and a 200-day simple moving average of $52.21.
Institutional Trading of VanEck Oil Refiners ETF
Several institutional investors have recently made changes to their positions in CRAK. Journey Advisory Group LLC boosted its stake in shares of VanEck Oil Refiners ETF by 135.5% in the 1st quarter. Journey Advisory Group LLC now owns 233,373 shares of the company’s stock valued at $11,529,000 after purchasing an additional 134,273 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter worth about $1,792,000. J. Safra Sarasin Holding AG bought a new position in VanEck Oil Refiners ETF during the 1st quarter valued at about $1,077,000. Western Wealth Management LLC lifted its holdings in VanEck Oil Refiners ETF by 42.2% during the 1st quarter. Western Wealth Management LLC now owns 19,078 shares of the company’s stock valued at $942,000 after purchasing an additional 5,660 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in VanEck Oil Refiners ETF in the first quarter valued at about $328,000.
About VanEck Oil Refiners ETF
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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