Prevail Innovative Wealth Advisors LLC Raises Holdings in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Prevail Innovative Wealth Advisors LLC raised its holdings in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 5.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 142,737 shares of the company’s stock after purchasing an additional 6,759 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in VanEck Mortgage REIT Income ETF were worth $1,516,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Hollencrest Capital Management purchased a new stake in VanEck Mortgage REIT Income ETF in the 4th quarter valued at about $75,000. Hillsdale Investment Management Inc. increased its position in shares of VanEck Mortgage REIT Income ETF by 37.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 8,930 shares of the company’s stock valued at $95,000 after acquiring an additional 2,450 shares during the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF in the 4th quarter valued at approximately $155,000. Jane Street Group LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF in the 3rd quarter worth approximately $184,000. Finally, Gilman Hill Asset Management LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF during the 4th quarter worth approximately $191,000.

VanEck Mortgage REIT Income ETF Stock Performance

VanEck Mortgage REIT Income ETF stock opened at $11.02 on Friday. The firm has a 50 day moving average price of $11.33 and a 200 day moving average price of $11.30. VanEck Mortgage REIT Income ETF has a fifty-two week low of $10.19 and a fifty-two week high of $12.36. The company has a market capitalization of $308.01 million, a PE ratio of 11.01 and a beta of 1.65.

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.