Hollencrest Capital Management Takes Position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Hollencrest Capital Management acquired a new position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 7,040 shares of the company’s stock, valued at approximately $75,000.

Several other institutional investors have also added to or reduced their stakes in the business. Rebalance LLC lifted its holdings in shares of VanEck Mortgage REIT Income ETF by 6.3% during the fourth quarter. Rebalance LLC now owns 42,432 shares of the company’s stock valued at $451,000 after purchasing an additional 2,525 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of VanEck Mortgage REIT Income ETF by 27.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 23,332 shares of the company’s stock valued at $248,000 after acquiring an additional 5,000 shares during the last quarter. Fifth Third Securities Inc. boosted its holdings in shares of VanEck Mortgage REIT Income ETF by 32.7% during the 4th quarter. Fifth Third Securities Inc. now owns 36,639 shares of the company’s stock valued at $389,000 after acquiring an additional 9,026 shares during the last quarter. MML Investors Services LLC grew its stake in shares of VanEck Mortgage REIT Income ETF by 8.0% in the third quarter. MML Investors Services LLC now owns 176,953 shares of the company’s stock worth $2,136,000 after acquiring an additional 13,068 shares during the period. Finally, Advyzon Investment Management LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF during the fourth quarter valued at approximately $155,000.

VanEck Mortgage REIT Income ETF Trading Up 0.3 %

Shares of MORT stock opened at $11.28 on Thursday. VanEck Mortgage REIT Income ETF has a 12-month low of $10.19 and a 12-month high of $12.36. The stock has a market capitalization of $313.02 million, a P/E ratio of 11.30 and a beta of 1.65. The firm’s 50 day moving average is $11.15 and its 200 day moving average is $11.33.

VanEck Mortgage REIT Income ETF Company Profile

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.