Horizon Advisory Services Inc. Purchases 349 Shares of VanEck Natural Resources ETF $HAP

Horizon Advisory Services Inc. increased its position in VanEck Natural Resources ETF (NYSEARCA:HAP) by 5.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 6,746 shares of the company’s stock after buying an additional 349 shares during the period. VanEck Natural Resources ETF accounts for about 0.2% of Horizon Advisory Services Inc.’s investment portfolio, making the stock its 22nd largest holding. Horizon Advisory Services Inc.’s holdings in VanEck Natural Resources ETF were worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers grew its position in VanEck Natural Resources ETF by 16.2% in the 1st quarter. Cetera Investment Advisers now owns 616,159 shares of the company’s stock worth $30,693,000 after purchasing an additional 86,007 shares during the last quarter. IAG Wealth Partners LLC grew its position in VanEck Natural Resources ETF by 3.1% in the 1st quarter. IAG Wealth Partners LLC now owns 324,637 shares of the company’s stock worth $16,171,000 after purchasing an additional 9,735 shares during the last quarter. Cultivar Capital Inc. grew its position in VanEck Natural Resources ETF by 5.0% in the 2nd quarter. Cultivar Capital Inc. now owns 143,609 shares of the company’s stock worth $7,461,000 after purchasing an additional 6,821 shares during the last quarter. Baird Financial Group Inc. grew its position in VanEck Natural Resources ETF by 0.8% in the 1st quarter. Baird Financial Group Inc. now owns 47,350 shares of the company’s stock worth $2,359,000 after purchasing an additional 362 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in VanEck Natural Resources ETF in the 1st quarter worth $1,794,000.

VanEck Natural Resources ETF Price Performance

NYSEARCA HAP opened at $57.81 on Thursday. The firm has a market capitalization of $176.32 million, a price-to-earnings ratio of 16.60 and a beta of 1.01. The company’s fifty day moving average is $55.27 and its two-hundred day moving average is $52.06. VanEck Natural Resources ETF has a 52-week low of $42.65 and a 52-week high of $58.06.

VanEck Natural Resources ETF 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.