11,202 Shares in VanEck Oil Refiners ETF $CRAK Acquired by Financial & Tax Architects LLC

Financial & Tax Architects LLC purchased a new position in VanEck Oil Refiners ETF (NYSEARCA:CRAK) in the third quarter, HoldingsChannel reports. The institutional investor purchased 11,202 shares of the company’s stock, valued at approximately $710,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Community Financial Services Group LLC purchased a new stake in shares of VanEck Oil Refiners ETF during the 2nd quarter valued at $29,000. Fifth Third Bancorp bought a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter worth $40,000. Farther Finance Advisors LLC bought a new stake in shares of VanEck Oil Refiners ETF during the 3rd quarter worth $128,000. Ferguson Shapiro LLC purchased a new position in VanEck Oil Refiners ETF in the first quarter worth $207,000. Finally, Westhampton Capital LLC purchased a new position in VanEck Oil Refiners ETF in the first quarter worth $247,000.

VanEck Oil Refiners ETF Stock Performance

Shares of NYSEARCA:CRAK opened at $67.27 on Friday. The firm has a market capitalization of $702.97 million, a PE ratio of 13.16 and a beta of 0.56. VanEck Oil Refiners ETF has a 52-week low of $36.13 and a 52-week high of $68.37. The firm has a fifty day moving average of $62.94 and a 200 day moving average of $54.20.

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.