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

ProCore Advisors LLC acquired a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,539 shares of the company’s stock, valued at approximately $578,000.

A number of other institutional investors also recently modified their holdings of the company. Prevail Innovative Wealth Advisors LLC boosted its stake in shares of VanEck Real Assets ETF by 1.4% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 26,169 shares of the company’s stock valued at $902,000 after purchasing an additional 373 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of VanEck Real Assets ETF by 3.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 12,052 shares of the company’s stock valued at $415,000 after purchasing an additional 450 shares during the last quarter. FAS Wealth Partners Inc. boosted its stake in shares of VanEck Real Assets ETF by 17.7% in the 3rd quarter. FAS Wealth Partners Inc. now owns 7,987 shares of the company’s stock valued at $275,000 after purchasing an additional 1,200 shares during the last quarter. Realta Investment Advisors bought a new stake in shares of VanEck Real Assets ETF in the 3rd quarter valued at $41,000. Finally, Avalon Capital Management boosted its stake in shares of VanEck Real Assets ETF by 1.9% in the 3rd quarter. Avalon Capital Management now owns 84,147 shares of the company’s stock valued at $2,900,000 after purchasing an additional 1,540 shares during the last quarter.

VanEck Real Assets ETF Stock Performance

NYSEARCA:RAAX opened at $41.02 on Wednesday. The firm’s fifty day moving average is $40.35 and its 200-day moving average is $37.16. VanEck Real Assets ETF has a 52 week low of $27.05 and a 52 week high of $42.11. The firm has a market cap of $740.41 million, a P/E ratio of 22.21 and a beta of 0.62.

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.