VanEck Natural Resources ETF $HAP Shares Sold by Morton Capital Management LLC CA

Morton Capital Management LLC CA lowered its stake in VanEck Natural Resources ETF (NYSEARCA:HAP) by 4.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 406,686 shares of the company’s stock after selling 16,940 shares during the quarter. VanEck Natural Resources ETF comprises about 3.7% of Morton Capital Management LLC CA’s holdings, making the stock its 6th biggest position. Morton Capital Management LLC CA owned about 0.13% of VanEck Natural Resources ETF worth $21,129,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers lifted its holdings 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 valued at $30,693,000 after acquiring an additional 86,007 shares during the last quarter. IAG Wealth Partners LLC lifted its holdings 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 valued at $16,171,000 after acquiring an additional 9,735 shares during the last quarter. Cultivar Capital Inc. lifted its holdings 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 valued at $7,461,000 after acquiring an additional 6,821 shares during the last quarter. Baird Financial Group Inc. lifted its holdings 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 valued at $2,359,000 after acquiring 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 valued at about $1,794,000.

VanEck Natural Resources ETF Trading Down 0.3%

Shares of NYSEARCA HAP opened at $57.63 on Wednesday. VanEck Natural Resources ETF has a twelve month low of $42.65 and a twelve month high of $57.95. The company has a market capitalization of $175.77 million, a price-to-earnings ratio of 16.60 and a beta of 1.01. The firm has a 50-day moving average of $55.16 and a two-hundred day moving average of $52.02.

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.