Copley Financial Group Inc. Trims Stock Position in VanEck Real Assets ETF $RAAX

Copley Financial Group Inc. decreased its position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 93.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,968 shares of the company’s stock after selling 185,841 shares during the quarter. Copley Financial Group Inc. owned approximately 0.13% of VanEck Real Assets ETF worth $453,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tucker Asset Management LLC purchased a new stake in shares of VanEck Real Assets ETF in the 4th quarter valued at about $43,000. Northwestern Mutual Wealth Management Co. grew its stake in VanEck Real Assets ETF by 1,129.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock worth $69,000 after buying an additional 1,807 shares during the last quarter. Osaic Holdings Inc. grew its stake in VanEck Real Assets ETF by 332.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after buying an additional 1,810 shares during the last quarter. Kraematon Investment Advisors Inc. acquired a new position in VanEck Real Assets ETF during the fourth quarter worth approximately $234,000. Finally, Realta Investment Advisors increased its position in VanEck Real Assets ETF by 458.3% during the fourth quarter. Realta Investment Advisors now owns 6,700 shares of the company’s stock worth $234,000 after buying an additional 5,500 shares during the period.

VanEck Real Assets ETF Trading Down 0.6%

Shares of NYSEARCA RAAX opened at $40.46 on Wednesday. The stock has a market cap of $861.80 million, a P/E ratio of 22.21 and a beta of 0.54. VanEck Real Assets ETF has a twelve month low of $31.05 and a twelve month high of $42.75. The stock has a 50 day moving average of $41.47 and a two-hundred day moving average of $39.47.

VanEck Real Assets ETF Profile

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.