SeaCrest Wealth Management LLC Invests $402,000 in VanEck Vectors Steel ETF (NYSEARCA:SLX)

SeaCrest Wealth Management LLC bought a new position in VanEck Vectors Steel ETF (NYSEARCA:SLX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,774 shares of the exchange traded fund’s stock, valued at approximately $402,000. SeaCrest Wealth Management LLC owned 0.20% of VanEck Vectors Steel ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SLX. Virtu Financial LLC acquired a new position in shares of VanEck Vectors Steel ETF during the third quarter valued at $1,463,000. Creative Planning bought a new position in VanEck Vectors Steel ETF during the fourth quarter valued at about $559,000. Csenge Advisory Group bought a new position in VanEck Vectors Steel ETF during the third quarter valued at about $458,000. Stifel Financial Corp bought a new position in VanEck Vectors Steel ETF during the third quarter valued at about $227,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in VanEck Vectors Steel ETF by 46.0% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 13,027 shares of the exchange traded fund’s stock valued at $549,000 after buying an additional 4,102 shares in the last quarter.

VanEck Vectors Steel ETF (SLX) traded up $0.74 during trading hours on Thursday, hitting $50.46. The company had a trading volume of 4,976 shares, compared to its average volume of 111,225. VanEck Vectors Steel ETF has a fifty-two week low of $35.03 and a fifty-two week high of $51.40.

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About VanEck Vectors Steel ETF

Market Vectors Steel ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Steel Index (STEEL or the Index) by investing in a portfolio of securities that generally replicates STEEL. STEEL, calculated by the NYSE Alternext, is a modified market capitalization-weighted index consisting of publicly traded companies predominantly involved in the production of steel products or mining and processing of iron ore.

Institutional Ownership by Quarter for VanEck Vectors Steel ETF (NYSEARCA:SLX)

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