VanEck Energy Income ETF (NYSEARCA:EINC – Get Free Report) traded down 1.8% during trading on Thursday. The stock traded as low as $115.28 and last traded at $115.40. 1,813 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 10,722 shares. The stock had previously closed at $117.46.
VanEck Energy Income ETF Stock Down 1.8%
The company has a market cap of $79.63 million, a P/E ratio of 19.11 and a beta of 0.63. The business has a 50-day moving average price of $118.58 and a two-hundred day moving average price of $118.93.
Institutional Trading of VanEck Energy Income ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC boosted its stake in shares of VanEck Energy Income ETF by 10.1% in the 1st quarter. Apollon Wealth Management LLC now owns 2,547 shares of the company’s stock valued at $300,000 after purchasing an additional 233 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of VanEck Energy Income ETF by 13.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,970 shares of the company’s stock worth $190,000 after buying an additional 234 shares during the period. Cetera Investment Advisers acquired a new stake in shares of VanEck Energy Income ETF during the 1st quarter worth approximately $229,000. Tucker Asset Management LLC raised its stake in shares of VanEck Energy Income ETF by 123.9% during the second quarter. Tucker Asset Management LLC now owns 4,061 shares of the company’s stock worth $484,000 after buying an additional 2,247 shares during the last quarter. Finally, Compass Financial Management LLC bought a new stake in shares of VanEck Energy Income ETF during the second quarter worth approximately $329,000.
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.
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