VanEck Natural Resources ETF (NYSEARCA:HAP) is Morton Capital Management LLC CA’s 7th Largest Position

Morton Capital Management LLC CA increased its position in shares of VanEck Natural Resources ETF (NYSEARCA:HAP) by 122.5% during the 4th quarter, Holdings Channel reports. The firm owned 432,039 shares of the company’s stock after acquiring an additional 237,901 shares during the period. VanEck Natural Resources ETF comprises 3.7% of Morton Capital Management LLC CA’s investment portfolio, making the stock its 7th biggest position. Morton Capital Management LLC CA owned about 0.20% of VanEck Natural Resources ETF worth $19,701,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HAP. Commonwealth Equity Services LLC raised its holdings in VanEck Natural Resources ETF by 11.2% during the second quarter. Commonwealth Equity Services LLC now owns 6,974 shares of the company’s stock valued at $349,000 after acquiring an additional 700 shares during the period. Cultivar Capital Inc. boosted its stake 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 acquiring an additional 1,295 shares during the period. IAG Wealth Partners LLC grew its position in shares of VanEck Natural Resources ETF by 4.3% during 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 in the last quarter. Finally, Cetera Investment Advisers raised its stake in VanEck Natural Resources ETF by 8,528.1% during the 2nd quarter. Cetera Investment Advisers now owns 498,792 shares of the company’s stock valued at $24,933,000 after purchasing an additional 493,011 shares during the period.

VanEck Natural Resources ETF Trading Up 0.3 %

NYSEARCA HAP opened at $47.73 on Friday. VanEck Natural Resources ETF has a 12 month low of $45.02 and a 12 month high of $53.57. The stock’s 50 day moving average is $48.28 and its 200 day moving average is $49.99. The stock has a market cap of $105.01 million, a PE ratio of 9.34 and a beta of 0.74.

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.