13,418 Shares in VanEck Oil Refiners ETF $CRAK Purchased by Western Wealth Management LLC

Western Wealth Management LLC acquired a new position in VanEck Oil Refiners ETF (NYSEARCA:CRAK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,418 shares of the company’s stock, valued at approximately $503,000. Western Wealth Management LLC owned 0.71% of VanEck Oil Refiners ETF at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in shares of VanEck Oil Refiners ETF in the 4th quarter worth approximately $77,000. Sunbelt Securities Inc. boosted its position in shares of VanEck Oil Refiners ETF by 25.0% during the third quarter. Sunbelt Securities Inc. now owns 2,500 shares of the company’s stock valued at $92,000 after purchasing an additional 500 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of VanEck Oil Refiners ETF during the second quarter valued at approximately $121,000. Signal Advisors Wealth LLC purchased a new stake in VanEck Oil Refiners ETF in the fourth quarter worth $231,000. Finally, Flow Traders U.S. LLC grew its stake in VanEck Oil Refiners ETF by 46.0% in the third quarter. Flow Traders U.S. LLC now owns 32,510 shares of the company’s stock worth $1,193,000 after purchasing an additional 10,239 shares during the period.

VanEck Oil Refiners ETF Trading Up 0.5%

CRAK opened at $49.26 on Friday. The company has a market cap of $143.84 million, a price-to-earnings ratio of 13.16 and a beta of 0.55. The stock has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $43.38. VanEck Oil Refiners ETF has a 12-month low of $28.86 and a 12-month high of $51.99.

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.