Austin Wealth Management LLC Takes $741,000 Position in VanEck Natural Resources ETF $HAP

Austin Wealth Management LLC purchased a new position in VanEck Natural Resources ETF (NYSEARCA:HAP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,133 shares of the company’s stock, valued at approximately $741,000. Austin Wealth Management LLC owned about 0.46% of VanEck Natural Resources ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HAP. Horizon Advisory Services Inc. boosted its position in VanEck Natural Resources ETF by 5.5% in the second quarter. Horizon Advisory Services Inc. now owns 6,746 shares of the company’s stock worth $351,000 after purchasing an additional 349 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of VanEck Natural Resources ETF by 0.8% in the 1st quarter. Baird Financial Group Inc. now owns 47,350 shares of the company’s stock worth $2,359,000 after purchasing an additional 362 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of VanEck Natural Resources ETF in the second quarter worth approximately $114,000. Cultivar Capital Inc. boosted its holdings in shares of VanEck Natural Resources ETF by 5.0% in the second quarter. Cultivar Capital Inc. now owns 143,609 shares of the company’s stock worth $7,461,000 after buying an additional 6,821 shares during the last quarter. Finally, Jane Street Group LLC grew its position in VanEck Natural Resources ETF by 90.2% during the first quarter. Jane Street Group LLC now owns 18,713 shares of the company’s stock valued at $932,000 after buying an additional 8,874 shares during the period.

VanEck Natural Resources ETF Trading Up 0.8%

HAP opened at $58.95 on Wednesday. The firm’s 50 day simple moving average is $56.85 and its two-hundred day simple moving average is $53.80. The company has a market capitalization of $194.54 million, a PE ratio of 16.60 and a beta of 0.82. VanEck Natural Resources ETF has a 1-year low of $42.65 and a 1-year high of $59.04.

VanEck Natural Resources ETF Company 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.