Copley Financial Group Inc. bought a new position in VanEck Energy Income ETF (NYSEARCA:EINC – Free Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 44,509 shares of the company’s stock, valued at approximately $5,244,000. VanEck Energy Income ETF makes up 3.2% of Copley Financial Group Inc.’s investment portfolio, making the stock its 10th largest position.
Other large investors have also made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in VanEck Energy Income ETF in the 4th quarter worth approximately $65,000. Rockefeller Capital Management L.P. boosted its position 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 worth $190,000 after buying an additional 234 shares during the period. Cetera Investment Advisers purchased a new position in shares of VanEck Energy Income ETF during the first quarter valued at $229,000. Arax Advisory Partners purchased a new position in shares of VanEck Energy Income ETF during the fourth quarter valued at $244,000. Finally, Laird Norton Wetherby Wealth Management LLC acquired a new position in VanEck Energy Income ETF during the third quarter valued at $264,000.
VanEck Energy Income ETF Trading Down 2.9%
Shares of VanEck Energy Income ETF stock opened at $121.29 on Tuesday. VanEck Energy Income ETF has a 1 year low of $91.21 and a 1 year high of $126.58. The company has a market cap of $77.63 million, a P/E ratio of 19.11 and a beta of 0.58. The stock has a 50-day moving average price of $120.53 and a 200 day moving average price of $114.74.
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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