VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Shares Up 0.4% – Here’s What Happened

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO)’s stock price shot up 0.4% during trading on Friday . The stock traded as high as $91.18 and last traded at $90.44. 16,134 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 30,674 shares. The stock had previously closed at $90.10.

VanEck Video Gaming and eSports ETF Stock Performance

The company’s 50 day moving average price is $91.49 and its 200 day moving average price is $100.72. The company has a market cap of $253.23 million, a price-to-earnings ratio of 27.36 and a beta of 1.01.

Institutional Trading of VanEck Video Gaming and eSports ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Horizon Wealth Management LLC bought a new stake in VanEck Video Gaming and eSports ETF during the 3rd quarter worth about $17,599,000. Assetmark Inc. raised its holdings in VanEck Video Gaming and eSports ETF by 35.9% during the 4th quarter. Assetmark Inc. now owns 140,427 shares of the company’s stock worth $14,549,000 after purchasing an additional 37,069 shares during the last quarter. Bank of America Corp DE raised its holdings in VanEck Video Gaming and eSports ETF by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 91,261 shares of the company’s stock worth $9,997,000 after purchasing an additional 920 shares during the last quarter. Van ECK Associates Corp raised its holdings in VanEck Video Gaming and eSports ETF by 91.0% during the 4th quarter. Van ECK Associates Corp now owns 78,660 shares of the company’s stock worth $8,149,000 after purchasing an additional 37,466 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of VanEck Video Gaming and eSports ETF in the 4th quarter valued at about $5,974,000.

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.