Mercer Global Advisors Inc. ADV Sells 133,377 Shares of VanEck Natural Resources ETF (NYSEARCA:HAP)

Mercer Global Advisors Inc. ADV lowered its stake in VanEck Natural Resources ETF (NYSEARCA:HAP) by 83.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,814 shares of the company’s stock after selling 133,377 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 1.22% of VanEck Natural Resources ETF worth $1,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in shares of VanEck Natural Resources ETF by 38.3% in the fourth quarter. Jones Financial Companies Lllp now owns 1,630 shares of the company’s stock worth $74,000 after buying an additional 451 shares in the last quarter. Horizon Advisory Services Inc. lifted its stake in 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 worth $263,000 after purchasing an additional 965 shares in the last quarter. Firestone Capital Management bought a new position in VanEck Natural Resources ETF in the 4th quarter valued at $325,000. Raymond James Financial Inc. purchased a new position in shares of VanEck Natural Resources ETF during the 4th quarter valued at $514,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of VanEck Natural Resources ETF in the fourth quarter worth $551,000.

VanEck Natural Resources ETF Stock Performance

NYSEARCA:HAP opened at $49.37 on Friday. VanEck Natural Resources ETF has a 52-week low of $42.65 and a 52-week high of $53.57. The stock has a fifty day moving average of $48.26 and a 200 day moving average of $48.53. The firm has a market capitalization of $150.58 million, a price-to-earnings ratio of 15.48 and a beta of 0.85.

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.