Shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK – Get Free Report) saw strong trading volume on Tuesday. 223,255 shares were traded during trading, a decline of 7% from the previous session’s volume of 240,992 shares. The stock last traded at $67.0060 and had previously closed at $65.81.
VanEck Oil Refiners ETF Stock Up 2.6%
The company has a 50-day moving average of $62.11 and a 200-day moving average of $53.80. The company has a market cap of $705.49 million, a PE ratio of 13.16 and a beta of 0.56.
Institutional Trading of VanEck Oil Refiners ETF
Several institutional investors have recently made changes to their positions in CRAK. Ayalon Insurance Comp Ltd. purchased a new stake in VanEck Oil Refiners ETF in the 3rd quarter valued at about $16,054,000. Journey Advisory Group LLC grew its stake in 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 during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter valued at $1,792,000. J. Safra Sarasin Holding AG purchased a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter valued at $1,077,000. Finally, Stegent Equity Advisors Inc. bought a new stake in shares of VanEck Oil Refiners ETF during the 3rd quarter worth $725,000.
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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