21,796 Shares in VanEck Oil Refiners ETF $CRAK Bought by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG bought a new stake in VanEck Oil Refiners ETF (NYSEARCA:CRAK) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,796 shares of the company’s stock, valued at approximately $1,077,000.

A number of other large investors have also added to or reduced their stakes in the company. Journey Advisory Group LLC purchased a new stake in VanEck Oil Refiners ETF during the fourth quarter valued at about $3,717,000. GeoWealth Management LLC purchased a new position in shares of VanEck Oil Refiners ETF in the 4th quarter worth about $1,000,000. Equitable Holdings Inc. bought a new position in shares of VanEck Oil Refiners ETF during the 4th quarter valued at about $981,000. Western Wealth Management LLC bought a new position in shares of VanEck Oil Refiners ETF during the 4th quarter valued at about $503,000. Finally, Flow Traders U.S. LLC increased its position in shares of VanEck Oil Refiners ETF by 46.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 32,510 shares of the company’s stock valued at $1,193,000 after purchasing an additional 10,239 shares during the last quarter.

VanEck Oil Refiners ETF Trading Up 1.4%

Shares of NYSEARCA CRAK opened at $52.68 on Wednesday. The stock’s 50-day moving average is $48.29 and its 200 day moving average is $45.94. The stock has a market cap of $172.79 million, a price-to-earnings ratio of 13.16 and a beta of 0.53. VanEck Oil Refiners ETF has a 1-year low of $32.77 and a 1-year high of $52.68.

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.