VanEck Natural Resources ETF (NYSEARCA:HAP) Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its stake in VanEck Natural Resources ETF (NYSEARCA:HAP) by 38.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,630 shares of the company’s stock after buying an additional 451 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Natural Resources ETF were worth $74,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morton Capital Management LLC CA lifted its stake in VanEck Natural Resources ETF by 122.5% in the fourth quarter. Morton Capital Management LLC CA now owns 432,039 shares of the company’s stock worth $19,701,000 after acquiring an additional 237,901 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of VanEck Natural Resources ETF in the 4th quarter valued at $551,000. Finally, Horizon Advisory Services Inc. raised its holdings in shares of VanEck Natural Resources ETF by 20.1% in the 4th quarter. Horizon Advisory Services Inc. now owns 5,772 shares of the company’s stock valued at $263,000 after purchasing an additional 965 shares in the last quarter.

VanEck Natural Resources ETF Trading Up 2.0 %

Shares of HAP stock opened at $49.36 on Monday. The company has a market cap of $148.08 million, a P/E ratio of 14.95 and a beta of 0.95. The firm has a fifty day moving average price of $48.10 and a 200 day moving average price of $49.44. VanEck Natural Resources ETF has a 12 month low of $45.02 and a 12 month high of $53.57.

About VanEck Natural Resources ETF

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.