J. Safra Sarasin Holding AG Takes $1.08 Million Position in VanEck Oil Refiners ETF $CRAK

J. Safra Sarasin Holding AG purchased a new position in VanEck Oil Refiners ETF (NYSEARCA:CRAK) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,796 shares of the company’s stock, valued at approximately $1,077,000. J. Safra Sarasin Holding AG owned 0.75% of VanEck Oil Refiners ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Journey Advisory Group LLC bought a new stake in VanEck Oil Refiners ETF during the fourth quarter valued at $3,717,000. Flow Traders U.S. LLC increased its stake in VanEck Oil Refiners ETF by 46.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 32,510 shares of the company’s stock worth $1,193,000 after acquiring an additional 10,239 shares during the last quarter. LPL Financial LLC raised its holdings in shares of VanEck Oil Refiners ETF by 38.3% in the 4th quarter. LPL Financial LLC now owns 28,662 shares of the company’s stock valued at $1,075,000 after acquiring an additional 7,930 shares in the last quarter. GeoWealth Management LLC purchased a new stake in shares of VanEck Oil Refiners ETF in the 4th quarter valued at about $1,000,000. Finally, Equitable Holdings Inc. purchased a new stake in shares of VanEck Oil Refiners ETF in the 4th quarter valued at about $981,000.

VanEck Oil Refiners ETF Trading Up 1.4%

Shares of CRAK opened at $52.68 on Wednesday. VanEck Oil Refiners ETF has a 12-month low of $32.77 and a 12-month high of $52.68. The company has a market cap of $172.79 million, a PE ratio of 13.16 and a beta of 0.53. The stock has a 50-day moving average price of $48.29 and a 200-day moving average price of $45.94.

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.