Morton Capital Management LLC CA Has $19.70 Million Stock Holdings in VanEck Natural Resources ETF (NYSEARCA:HAP)

Morton Capital Management LLC CA lifted its stake in shares of VanEck Natural Resources ETF (NYSEARCA:HAP) by 122.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 432,039 shares of the company’s stock after purchasing an additional 237,901 shares during the quarter. VanEck Natural Resources ETF accounts for about 3.7% of Morton Capital Management LLC CA’s holdings, making the stock its 7th largest position. Morton Capital Management LLC CA owned about 19.64% of VanEck Natural Resources ETF worth $19,701,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its stake in VanEck Natural Resources ETF by 11.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 6,974 shares of the company’s stock worth $349,000 after purchasing an additional 700 shares in the last quarter. Cultivar Capital Inc. increased its holdings in shares of 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 purchasing an additional 1,295 shares during the period. IAG Wealth Partners LLC increased its holdings in shares of 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 purchasing an additional 11,792 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of VanEck Natural Resources ETF by 8,528.1% in the second quarter. Cetera Investment Advisers now owns 498,792 shares of the company’s stock worth $24,933,000 after buying an additional 493,011 shares in the last quarter.

VanEck Natural Resources ETF Stock Performance

NYSEARCA:HAP opened at $47.73 on Friday. The firm has a market capitalization of $105.01 million, a price-to-earnings ratio of 9.34 and a beta of 0.74. The stock has a fifty day moving average of $48.28 and a 200 day moving average of $49.99. VanEck Natural Resources ETF has a 52-week low of $45.02 and a 52-week high of $53.57.

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.