Summit X LLC Has $441,000 Stock Holdings in VanEck Energy Income ETF $EINC

Summit X LLC grew its position in shares of VanEck Energy Income ETF (NYSEARCA:EINC) by 83.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,472 shares of the company’s stock after buying an additional 2,036 shares during the period. Summit X LLC owned approximately 0.55% of VanEck Energy Income ETF worth $441,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EINC. Cetera Investment Advisers acquired a new position in shares of VanEck Energy Income ETF during the 1st quarter worth approximately $215,000. Wealthfront Advisers LLC raised its holdings in VanEck Energy Income ETF by 3.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 16,681 shares of the company’s stock valued at $1,646,000 after acquiring an additional 571 shares in the last quarter. Compound Planning Inc. lifted its position in shares of VanEck Energy Income ETF by 13.1% during the 1st quarter. Compound Planning Inc. now owns 5,007 shares of the company’s stock valued at $501,000 after acquiring an additional 578 shares during the period. IronOak Wealth LLC. acquired a new stake in shares of VanEck Energy Income ETF during the 2nd quarter worth $1,130,000. Finally, Efficient Advisors LLC bought a new position in shares of VanEck Energy Income ETF in the first quarter worth $444,000.

VanEck Energy Income ETF Stock Up 1.2%

EINC stock opened at $93.80 on Monday. VanEck Energy Income ETF has a 52 week low of $80.41 and a 52 week high of $104.70. The business has a 50-day simple moving average of $95.90 and a 200 day simple moving average of $96.13. The company has a market cap of $71.29 million, a PE ratio of 19.11 and a beta of 0.78.

VanEck Energy Income ETF Company Profile

The VanEck Energy Income ETF (EINC) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap-weighted index of North American companies in midstream energy segments. EINC was launched on Mar 13, 2012 and is managed by VanEck.