19,164 Shares of VanEck Real Assets ETF $RAAX Bought by WESPAC Advisors LLC

WESPAC Advisors LLC bought a new position in VanEck Real Assets ETF (NYSEARCA:RAAX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,164 shares of the company’s stock, valued at approximately $763,000. WESPAC Advisors LLC owned about 0.05% of VanEck Real Assets ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Capital Analysts LLC increased its holdings in shares of VanEck Real Assets ETF by 64.7% in the second quarter. Capital Analysts LLC now owns 4,624 shares of the company’s stock valued at $184,000 after purchasing an additional 1,816 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in VanEck Real Assets ETF by 11.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,983 shares of the company’s stock worth $198,000 after buying an additional 492 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new position in VanEck Real Assets ETF during the 2nd quarter worth $210,000. First Growth Capital LLC bought a new position in VanEck Real Assets ETF in the 1st quarter valued at $216,000. Finally, SteelPeak Wealth LLC bought a new position in VanEck Real Assets ETF in the 1st quarter valued at $220,000.

VanEck Real Assets ETF Stock Performance

Shares of RAAX opened at $39.75 on Tuesday. The business’s fifty day moving average price is $40.91 and its two-hundred day moving average price is $40.45. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 22.21 and a beta of 0.57. VanEck Real Assets ETF has a 52 week low of $33.96 and a 52 week high of $42.75.

About VanEck Real Assets ETF

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.