South Shore Capital Advisors purchased a new position in VanEck Oil Refiners ETF (NYSEARCA:CRAK – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,500 shares of the company’s stock, valued at approximately $792,000.
A number of other institutional investors also recently added to or reduced their stakes in the company. Ayalon Insurance Comp Ltd. purchased a new stake in shares of VanEck Oil Refiners ETF during the 3rd quarter worth $16,054,000. Journey Advisory Group LLC increased its holdings in VanEck Oil Refiners ETF by 135.5% in the first quarter. Journey Advisory Group LLC now owns 233,373 shares of the company’s stock valued at $11,529,000 after buying an additional 134,273 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in VanEck Oil Refiners ETF in the first quarter valued at $1,792,000. J. Safra Sarasin Holding AG acquired a new stake in VanEck Oil Refiners ETF in the first quarter valued at $1,077,000. Finally, Stegent Equity Advisors Inc. acquired a new stake in VanEck Oil Refiners ETF in the third quarter valued at $725,000.
VanEck Oil Refiners ETF Stock Performance
NYSEARCA CRAK traded down $0.67 during trading on Tuesday, reaching $65.78. 910,701 shares of the company’s stock were exchanged, compared to its average volume of 259,828. The stock has a market cap of $784.76 million, a P/E ratio of 13.16 and a beta of 0.56. The company has a 50 day moving average price of $63.40 and a two-hundred day moving average price of $54.45. VanEck Oil Refiners ETF has a 1 year low of $36.66 and a 1 year high of $68.37.
VanEck Oil Refiners ETF Profile
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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