VanEck Energy Income ETF (NYSEARCA:EINC – Get Free Report)’s share price shot up 1.6% on Tuesday . The stock traded as high as $122.94 and last traded at $122.66. 2,843 shares changed hands during trading, a decline of 77% from the average daily volume of 12,251 shares. The stock had previously closed at $120.74.
VanEck Energy Income ETF Stock Up 1.6%
The firm has a market capitalization of $84.64 million, a PE ratio of 19.11 and a beta of 0.58. The business has a 50-day moving average price of $120.20 and a 200-day moving average price of $117.18.
Institutional Trading of VanEck Energy Income ETF
Several large investors have recently added to or reduced their stakes in the stock. Apollon Wealth Management LLC grew its holdings in 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 buying an additional 233 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of VanEck Energy Income ETF by 13.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,970 shares of the company’s stock valued at $190,000 after purchasing an additional 234 shares during the period. Cetera Investment Advisers grew its holdings in shares of VanEck Energy Income ETF by 16.0% in the second quarter. Cetera Investment Advisers now owns 2,492 shares of the company’s stock valued at $246,000 after purchasing an additional 344 shares during the period. Tucker Asset Management LLC purchased a new stake in shares of VanEck Energy Income ETF in the fourth quarter valued at about $65,000. Finally, Arax Advisory Partners acquired a new stake in VanEck Energy Income ETF during the fourth quarter worth about $244,000.
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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