ProCore Advisors LLC Takes $578,000 Position in VanEck Real Assets ETF $RAAX

ProCore Advisors LLC acquired a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,539 shares of the company’s stock, valued at approximately $578,000. ProCore Advisors LLC owned approximately 0.20% of VanEck Real Assets ETF at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Kraematon Investment Advisors Inc. acquired a new position in VanEck Real Assets ETF during the 4th quarter worth approximately $234,000. Realta Investment Advisors increased its position in VanEck Real Assets ETF by 458.3% during the 4th quarter. Realta Investment Advisors now owns 6,700 shares of the company’s stock worth $234,000 after purchasing an additional 5,500 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in VanEck Real Assets ETF by 17.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 14,171 shares of the company’s stock worth $495,000 after purchasing an additional 2,119 shares in the last quarter. Beaumont Financial Advisors LLC acquired a new position in VanEck Real Assets ETF during the 4th quarter worth approximately $6,756,000. Finally, ERn Financial LLC acquired a new position in VanEck Real Assets ETF during the 4th quarter worth approximately $3,435,000.

VanEck Real Assets ETF Price Performance

RAAX stock opened at $41.02 on Wednesday. The company has a 50 day simple moving average of $40.35 and a 200 day simple moving average of $37.16. The stock has a market cap of $740.41 million, a price-to-earnings ratio of 22.21 and a beta of 0.62. VanEck Real Assets ETF has a 1 year low of $27.05 and a 1 year high of $42.11.

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.