Focus Financial Network Inc. Sells 1,117 Shares of VanEck Natural Resources ETF (NYSEARCA:HAP)

Focus Financial Network Inc. lessened its stake in VanEck Natural Resources ETF (NYSEARCA:HAP) by 12.8% in the fourth quarter, HoldingsChannel reports. The fund owned 7,608 shares of the company’s stock after selling 1,117 shares during the period. Focus Financial Network Inc.’s holdings in VanEck Natural Resources ETF were worth $347,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC purchased a new position in VanEck Natural Resources ETF during the 4th quarter valued at about $551,000. Morton Capital Management LLC CA increased its holdings in VanEck Natural Resources ETF by 122.5% during the 4th quarter. Morton Capital Management LLC CA now owns 432,039 shares of the company’s stock valued at $19,701,000 after purchasing an additional 237,901 shares during the period. IAG Wealth Partners LLC increased its holdings in VanEck Natural Resources ETF by 4.3% during the 3rd quarter. IAG Wealth Partners LLC now owns 285,386 shares of the company’s stock valued at $15,043,000 after purchasing an additional 11,792 shares during the period. Finally, Cultivar Capital Inc. increased its holdings in VanEck Natural Resources ETF by 1.0% during the 3rd quarter. Cultivar Capital Inc. now owns 134,703 shares of the company’s stock valued at $7,100,000 after purchasing an additional 1,295 shares during the period.

VanEck Natural Resources ETF Price Performance

Shares of NYSEARCA:HAP opened at $48.70 on Friday. VanEck Natural Resources ETF has a 1 year low of $45.02 and a 1 year high of $53.57. The stock’s 50-day moving average is $47.50 and its 200 day moving average is $49.67. The company has a market cap of $107.14 million, a PE ratio of 9.34 and a beta of 0.74.

VanEck Natural Resources ETF 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.