Fusion Capital LLC Invests $842,000 in VanEck Oil Refiners ETF (NYSEARCA:CRAK)

Fusion Capital LLC purchased a new stake in VanEck Oil Refiners ETF (NYSEARCA:CRAK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 30,615 shares of the company’s stock, valued at approximately $842,000. Fusion Capital LLC owned 2.27% of VanEck Oil Refiners ETF at the end of the most recent quarter.

Separately, Captrust Financial Advisors raised its holdings in VanEck Oil Refiners ETF by 8.1% in the 3rd quarter. Captrust Financial Advisors now owns 30,654 shares of the company’s stock valued at $1,050,000 after acquiring an additional 2,300 shares in the last quarter.

VanEck Oil Refiners ETF Stock Performance

CRAK opened at $28.42 on Friday. VanEck Oil Refiners ETF has a 52-week low of $26.86 and a 52-week high of $40.41. The firm has a market cap of $38.37 million, a P/E ratio of 4.95 and a beta of 0.73. The business’s fifty day moving average is $28.52 and its 200-day moving average is $31.38.

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.