Focus Financial Network Inc. Decreases Stock Holdings in VanEck Natural Resources ETF (NYSEARCA:HAP)

Focus Financial Network Inc. trimmed its holdings in shares of VanEck Natural Resources ETF (NYSEARCA:HAP) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,608 shares of the company’s stock after selling 1,117 shares during the quarter. Focus Financial Network Inc. owned 0.35% of VanEck Natural Resources ETF worth $347,000 at the end of the most recent quarter.

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

VanEck Natural Resources ETF Price Performance

NYSEARCA:HAP opened at $48.70 on Friday. The company has a market capitalization of $107.14 million, a P/E ratio of 9.34 and a beta of 0.74. VanEck Natural Resources ETF has a 1 year low of $45.02 and a 1 year high of $53.57. The business has a fifty day simple moving average of $47.50 and a two-hundred day simple moving average of $49.67.

About VanEck Natural Resources ETF

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.