FAS Wealth Partners Inc. Has $1.64 Million Stock Holdings in VanEck Real Assets ETF $RAAX

FAS Wealth Partners Inc. lifted its holdings in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 83.3% during the 1st quarter, Holdings Channel reports. The firm owned 40,155 shares of the company’s stock after purchasing an additional 18,246 shares during the quarter. FAS Wealth Partners Inc.’s holdings in VanEck Real Assets ETF were worth $1,635,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in VanEck Real Assets ETF during the second quarter worth approximately $262,000. Jane Street Group LLC acquired a new position in VanEck Real Assets ETF in the second quarter valued at approximately $1,163,000. Prevail Innovative Wealth Advisors LLC boosted its holdings in shares of VanEck Real Assets ETF by 27.2% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 25,796 shares of the company’s stock worth $801,000 after buying an additional 5,522 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of VanEck Real Assets ETF by 332.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after buying an additional 1,810 shares in the last quarter. Finally, Equitable Holdings Inc. boosted its holdings in shares of VanEck Real Assets ETF by 47.8% during the 3rd quarter. Equitable Holdings Inc. now owns 15,083 shares of the company’s stock worth $520,000 after buying an additional 4,876 shares in the last quarter.

VanEck Real Assets ETF Stock Down 0.1%

NYSEARCA:RAAX opened at $39.43 on Tuesday. The company has a fifty day moving average of $40.02 and a 200-day moving average of $40.40. The firm has a market capitalization of $1.15 billion, a P/E ratio of 22.21 and a beta of 0.55. VanEck Real Assets ETF has a twelve month low of $31.62 and a twelve month high of $42.75.

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.