Money Design Co. Ltd. Reduces Stock Position in VanEck Low Carbon Energy ETF $SMOG

Money Design Co. Ltd. decreased its position in shares of VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) by 8.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,459 shares of the company’s stock after selling 2,041 shares during the quarter. Money Design Co. Ltd. owned approximately 2.17% of VanEck Low Carbon Energy ETF worth $2,580,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SMOG. Jones Financial Companies Lllp grew its holdings in shares of VanEck Low Carbon Energy ETF by 216.4% during the first quarter. Jones Financial Companies Lllp now owns 2,835 shares of the company’s stock worth $287,000 after purchasing an additional 1,939 shares during the last quarter. JNBA Financial Advisors grew its holdings in shares of VanEck Low Carbon Energy ETF by 1.4% during the second quarter. JNBA Financial Advisors now owns 6,477 shares of the company’s stock worth $712,000 after buying an additional 88 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in shares of VanEck Low Carbon Energy ETF by 38.8% during the first quarter. Flow Traders U.S. LLC now owns 15,018 shares of the company’s stock worth $1,518,000 after buying an additional 4,198 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of VanEck Low Carbon Energy ETF by 14.0% during the first quarter. Jane Street Group LLC now owns 22,647 shares of the company’s stock worth $2,290,000 after buying an additional 2,785 shares during the last quarter.

VanEck Low Carbon Energy ETF Stock Up 1.2%

NYSEARCA SMOG opened at $131.16 on Friday. VanEck Low Carbon Energy ETF has a 52-week low of $88.51 and a 52-week high of $133.38. The business’s 50-day moving average price is $124.15 and its 200 day moving average price is $113.98. The firm has a market cap of $132.47 million, a P/E ratio of 19.47 and a beta of 1.26.

VanEck Low Carbon Energy ETF Profile

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.