New England Private Wealth Advisors LLC Acquires New Stake in VanEck Real Assets ETF $RAAX

New England Private Wealth Advisors LLC acquired a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 34,956 shares of the company’s stock, valued at approximately $1,221,000. New England Private Wealth Advisors LLC owned about 0.36% of VanEck Real Assets ETF at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Principle Wealth Partners LLC lifted its stake in shares of VanEck Real Assets ETF by 402.3% in the 4th quarter. Principle Wealth Partners LLC now owns 38,078 shares of the company’s stock worth $1,330,000 after acquiring an additional 30,498 shares during the period. Echo45 Advisors LLC acquired a new stake in shares of VanEck Real Assets ETF in the 4th quarter worth $829,000. Prevail Innovative Wealth Advisors LLC lifted its stake in shares of VanEck Real Assets ETF by 25.4% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 32,814 shares of the company’s stock worth $1,146,000 after acquiring an additional 6,645 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of VanEck Real Assets ETF in the 4th quarter worth $43,000. Finally, Cornerstone Wealth Management LLC lifted its position in VanEck Real Assets ETF by 18.0% in the fourth quarter. Cornerstone Wealth Management LLC now owns 34,586 shares of the company’s stock valued at $1,208,000 after purchasing an additional 5,286 shares during the period.

VanEck Real Assets ETF Trading Up 0.0%

Shares of RAAX opened at $41.65 on Friday. The stock’s 50 day moving average is $41.30 and its two-hundred day moving average is $38.69. VanEck Real Assets ETF has a twelve month low of $30.14 and a twelve month high of $42.75. The firm has a market capitalization of $887.15 million, a PE ratio of 22.21 and a beta of 0.56.

About VanEck Real Assets ETF

The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.