VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) Stock Position Decreased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its position in shares of VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) by 14.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,033 shares of the company’s stock after selling 840 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.31% of VanEck Low Carbon Energy ETF worth $557,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of VanEck Low Carbon Energy ETF by 5.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,620 shares of the company’s stock valued at $235,000 after acquiring an additional 89 shares in the last quarter. Royal Bank of Canada raised its stake in shares of VanEck Low Carbon Energy ETF by 2.1% in the 3rd quarter. Royal Bank of Canada now owns 6,792 shares of the company’s stock valued at $712,000 after acquiring an additional 141 shares in the last quarter. FMR LLC raised its stake in shares of VanEck Low Carbon Energy ETF by 139.3% in the 3rd quarter. FMR LLC now owns 280 shares of the company’s stock valued at $29,000 after acquiring an additional 163 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of VanEck Low Carbon Energy ETF in the 1st quarter valued at approximately $28,000. Finally, Cetera Advisor Networks LLC raised its stake in shares of VanEck Low Carbon Energy ETF by 7.9% in the 4th quarter. Cetera Advisor Networks LLC now owns 2,888 shares of the company’s stock valued at $320,000 after acquiring an additional 211 shares in the last quarter.

VanEck Low Carbon Energy ETF Stock Performance

Shares of SMOG stock opened at $92.07 on Friday. The stock’s 50 day simple moving average is $96.49 and its 200 day simple moving average is $99.72. VanEck Low Carbon Energy ETF has a twelve month low of $91.11 and a twelve month high of $129.81. The company has a market capitalization of $131.65 million, a price-to-earnings ratio of 16.95 and a beta of 1.22.

VanEck Low Carbon Energy ETF Company Profile

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.