New England Private Wealth Advisors LLC Buys Shares of 35,230 VanEck Real Assets ETF $RAAX

New England Private Wealth Advisors LLC bought a new stake in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) in the fourth quarter, Holdings Channel reports. The firm bought 35,230 shares of the company’s stock, valued at approximately $1,245,000.

A number of other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC boosted its stake in shares of VanEck Real Assets ETF by 80.5% during the 4th quarter. Jane Street Group LLC now owns 49,497 shares of the company’s stock valued at $1,729,000 after buying an additional 22,074 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of VanEck Real Assets ETF by 20.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 76,140 shares of the company’s stock valued at $2,660,000 after buying an additional 12,712 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in shares of VanEck Real Assets ETF by 3,094.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,970 shares of the company’s stock valued at $558,000 after buying an additional 15,470 shares during the period. LPL Financial LLC boosted its stake in shares of VanEck Real Assets ETF by 51.7% during the 4th quarter. LPL Financial LLC now owns 1,805,821 shares of the company’s stock valued at $63,077,000 after buying an additional 615,623 shares during the period. Finally, Avalon Capital Management boosted its stake in shares of VanEck Real Assets ETF by 5.6% during the 4th quarter. Avalon Capital Management now owns 88,819 shares of the company’s stock valued at $3,102,000 after buying an additional 4,672 shares during the period.

VanEck Real Assets ETF Stock Up 2.3%

Shares of NYSEARCA:RAAX opened at $41.09 on Friday. The firm has a fifty day moving average of $41.49 and a two-hundred day moving average of $39.36. The firm has a market capitalization of $875.22 million, a P/E ratio of 22.21 and a beta of 0.54. VanEck Real Assets ETF has a 12-month low of $31.05 and a 12-month high of $42.75.

VanEck Real Assets ETF Company Profile

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.