VanEck Oil Refiners ETF (NYSEARCA:CRAK) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors lessened its holdings in VanEck Oil Refiners ETF (NYSEARCA:CRAK) by 51.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,831 shares of the company’s stock after selling 15,823 shares during the quarter. Captrust Financial Advisors owned 1.10% of VanEck Oil Refiners ETF worth $408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Jane Street Group LLC grew its holdings in VanEck Oil Refiners ETF by 124.0% in the fourth quarter. Jane Street Group LLC now owns 31,520 shares of the company’s stock valued at $867,000 after purchasing an additional 17,446 shares during the last quarter. Fusion Capital LLC purchased a new stake in shares of VanEck Oil Refiners ETF in the 4th quarter worth about $842,000. Finally, Advisory Services Network LLC acquired a new stake in VanEck Oil Refiners ETF in the 4th quarter valued at about $607,000.

VanEck Oil Refiners ETF Price Performance

Shares of NYSEARCA CRAK opened at $29.91 on Tuesday. The firm’s 50-day moving average is $27.94 and its two-hundred day moving average is $28.89. The company has a market capitalization of $25.42 million, a PE ratio of 13.61 and a beta of 0.78. VanEck Oil Refiners ETF has a 12-month low of $24.17 and a 12-month high of $37.34.

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.