3,254 Shares in VanEck Energy Income ETF (NYSEARCA:EINC) Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in VanEck Energy Income ETF (NYSEARCA:EINC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,254 shares of the company’s stock, valued at approximately $306,000. Commonwealth Equity Services LLC owned approximately 0.53% of VanEck Energy Income ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fulcrum Equity Management bought a new position in shares of VanEck Energy Income ETF in the 3rd quarter worth about $1,217,000. Van ECK Associates Corp grew its holdings in VanEck Energy Income ETF by 3.6% in the fourth quarter. Van ECK Associates Corp now owns 127,987 shares of the company’s stock worth $12,036,000 after purchasing an additional 4,457 shares during the period. Raymond James Financial Inc. bought a new position in shares of VanEck Energy Income ETF during the fourth quarter valued at approximately $334,000. Finally, Summit X LLC purchased a new position in shares of VanEck Energy Income ETF during the fourth quarter valued at approximately $220,000.

VanEck Energy Income ETF Stock Down 1.0 %

Shares of EINC opened at $88.43 on Tuesday. The stock has a market cap of $74.26 million, a P/E ratio of 17.52 and a beta of 0.98. The business’s 50 day moving average price is $97.56 and its 200-day moving average price is $94.96. VanEck Energy Income ETF has a 52 week low of $72.94 and a 52 week high of $104.70.

About VanEck Energy Income ETF

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.