11,825 Shares of VanEck Oil Refiners ETF $CRAK Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in shares of VanEck Oil Refiners ETF (NYSEARCA:CRAK) in the 3rd quarter, Holdings Channel reports. The fund purchased 11,825 shares of the company’s stock, valued at approximately $749,000.

Other large investors have also recently bought and sold shares of the company. Ayalon Insurance Comp Ltd. bought a new position in VanEck Oil Refiners ETF in the third quarter valued at approximately $16,054,000. Journey Advisory Group LLC increased its position in shares of VanEck Oil Refiners ETF by 135.5% during the 1st quarter. Journey Advisory Group LLC now owns 233,373 shares of the company’s stock worth $11,529,000 after purchasing an additional 134,273 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter worth approximately $1,792,000. J. Safra Sarasin Holding AG bought a new stake in shares of VanEck Oil Refiners ETF during the 1st quarter worth approximately $1,077,000. Finally, South Shore Capital Advisors acquired a new stake in shares of VanEck Oil Refiners ETF in the 3rd quarter valued at approximately $792,000.

VanEck Oil Refiners ETF Trading Down 0.6%

NYSEARCA CRAK opened at $60.60 on Wednesday. VanEck Oil Refiners ETF has a 12 month low of $37.26 and a 12 month high of $68.37. The stock has a 50 day moving average of $64.13 and a 200-day moving average of $52.54. The company has a market cap of $699.93 million, a PE ratio of 13.16 and a beta of 0.58.

VanEck Oil Refiners ETF Profile

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.