VanEck Alternative Asset Manager ETF (NYSEARCA:GPZ) Stock Price Down 2.1% – Here’s Why

VanEck Alternative Asset Manager ETF (NYSEARCA:GPZGet Free Report)’s stock price traded down 2.1% during trading on Wednesday . The company traded as low as $23.48 and last traded at $23.58. 96,487 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 253,280 shares. The stock had previously closed at $24.08.

VanEck Alternative Asset Manager ETF Stock Performance

The company has a 50 day simple moving average of $23.90 and a two-hundred day simple moving average of $22.91.

Institutional Trading of VanEck Alternative Asset Manager ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in VanEck Alternative Asset Manager ETF during the second quarter worth $337,000. Parallel Advisors LLC bought a new stake in shares of VanEck Alternative Asset Manager ETF in the 3rd quarter worth about $138,000. Raymond James Financial Inc. bought a new stake in shares of VanEck Alternative Asset Manager ETF in the 3rd quarter worth about $3,773,000. Citadel Advisors LLC purchased a new position in shares of VanEck Alternative Asset Manager ETF during the 3rd quarter worth about $1,818,000. Finally, Mesirow Financial Investment Management Inc. purchased a new position in shares of VanEck Alternative Asset Manager ETF during the 4th quarter worth about $822,000.

VanEck Alternative Asset Manager ETF Company Profile

(Get Free Report)

The VanEck Alternative Asset Manager ETF (GPZ) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US-listed companies involved in the alternative asset management industry, including private equity and BDCs. GPZ was launched on Apr 29, 2025 and is issued by VanEck.

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