Foundations Investment Advisors LLC Reduces Holdings in VanEck Video Gaming and eSports ETF $ESPO

Foundations Investment Advisors LLC trimmed its position in shares of VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) by 78.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,575 shares of the company’s stock after selling 9,462 shares during the quarter. Foundations Investment Advisors LLC’s holdings in VanEck Video Gaming and eSports ETF were worth $267,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Patten Group Inc. purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the third quarter worth approximately $214,000. Ameritas Advisory Services LLC purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the fourth quarter worth approximately $224,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the third quarter worth approximately $234,000. Wealth Enhancement Advisory Services LLC increased its position in shares of VanEck Video Gaming and eSports ETF by 4.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,501 shares of the company’s stock worth $419,000 after purchasing an additional 153 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of VanEck Video Gaming and eSports ETF by 9.3% during the fourth quarter. HighTower Advisors LLC now owns 4,737 shares of the company’s stock worth $491,000 after purchasing an additional 404 shares in the last quarter.

VanEck Video Gaming and eSports ETF Stock Performance

Shares of ESPO opened at $89.81 on Thursday. VanEck Video Gaming and eSports ETF has a one year low of $86.92 and a one year high of $122.99. The stock has a market capitalization of $251.47 million, a price-to-earnings ratio of 27.36 and a beta of 1.01. The stock has a 50 day moving average price of $90.65 and a 200 day moving average price of $97.49.

VanEck Video Gaming and eSports ETF Company Profile

The VanEck Video Gaming and eSports ETF (ESPO) is an exchange-traded fund that is based on the MVIS Global Video Gaming & eSports index, a market-cap-weighted index of global firms involved in video gaming and eSports. ESPO was launched on Oct 16, 2018 and is managed by VanEck.