LPL Financial LLC Sells 13,192 Shares of VanEck Natural Resources ETF $HAP

LPL Financial LLC reduced its position in VanEck Natural Resources ETF (NYSEARCA:HAP) by 31.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,458 shares of the company’s stock after selling 13,192 shares during the quarter. LPL Financial LLC owned 0.93% of VanEck Natural Resources ETF worth $1,418,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HAP. Cetera Investment Advisers lifted its position in shares of VanEck Natural Resources ETF by 16.2% during the first quarter. Cetera Investment Advisers now owns 616,159 shares of the company’s stock valued at $30,693,000 after buying an additional 86,007 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in VanEck Natural Resources ETF in the fourth quarter valued at approximately $514,000. IAG Wealth Partners LLC boosted its position in VanEck Natural Resources ETF by 3.1% in the first quarter. IAG Wealth Partners LLC now owns 324,637 shares of the company’s stock valued at $16,171,000 after buying an additional 9,735 shares during the last quarter. Firestone Capital Management purchased a new stake in VanEck Natural Resources ETF in the fourth quarter valued at approximately $325,000. Finally, Baird Financial Group Inc. boosted its position in VanEck Natural Resources ETF by 5.6% in the fourth quarter. Baird Financial Group Inc. now owns 46,988 shares of the company’s stock valued at $2,143,000 after buying an additional 2,510 shares during the last quarter.

VanEck Natural Resources ETF Stock Up 1.8%

Shares of NYSEARCA HAP opened at $55.36 on Friday. The business’s 50 day moving average price is $53.11 and its 200 day moving average price is $50.38. The firm has a market cap of $168.85 million, a P/E ratio of 16.60 and a beta of 1.01. VanEck Natural Resources ETF has a 52 week low of $42.65 and a 52 week high of $55.43.

VanEck Natural Resources ETF Company Profile

The VanEck Natural Resources ETF (HAP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a consumption-based index of global hard asset firms. HAP was launched on Aug 29, 2008 and is managed by VanEck.