VanEck Oil Refiners ETF (NYSEARCA:CRAK) Reaches New 12-Month High – Here’s What Happened

VanEck Oil Refiners ETF (NYSEARCA:CRAK)’s stock price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as $66.99 and last traded at $66.9510, with a volume of 259,444 shares traded. The stock had previously closed at $65.80.

VanEck Oil Refiners ETF Stock Performance

The firm has a market capitalization of $692.73 million, a PE ratio of 13.16 and a beta of 0.56. The firm’s 50-day moving average is $61.88 and its 200 day moving average is $53.64.

Institutional Trading of VanEck Oil Refiners ETF

Several large investors have recently modified their holdings of the business. Community Financial Services Group LLC purchased a new stake in VanEck Oil Refiners ETF in the 2nd quarter valued at approximately $29,000. Fifth Third Bancorp purchased a new position in VanEck Oil Refiners ETF during the first quarter worth $40,000. Farther Finance Advisors LLC acquired a new position in shares of VanEck Oil Refiners ETF in the third quarter worth $128,000. Ferguson Shapiro LLC purchased a new stake in shares of VanEck Oil Refiners ETF in the first quarter valued at $207,000. Finally, Westhampton Capital LLC acquired a new stake in shares of VanEck Oil Refiners ETF during the first quarter valued at $247,000.

VanEck Oil Refiners ETF Company 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.