Envestnet Asset Management Inc. Decreases Stock Holdings in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO)

Envestnet Asset Management Inc. lowered its holdings in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) by 52.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,888 shares of the company’s stock after selling 3,213 shares during the period. Envestnet Asset Management Inc. owned approximately 0.09% of VanEck Video Gaming and eSports ETF worth $241,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ESPO. JPMorgan Chase & Co. raised its position in VanEck Video Gaming and eSports ETF by 101.4% in the third quarter. JPMorgan Chase & Co. now owns 1,192 shares of the company’s stock valued at $91,000 after purchasing an additional 600 shares during the period. Stephens Consulting LLC raised its holdings in shares of VanEck Video Gaming and eSports ETF by 237.9% during the 4th quarter. Stephens Consulting LLC now owns 865 shares of the company’s stock valued at $72,000 after buying an additional 609 shares during the period. Strategic Financial Concepts LLC acquired a new position in VanEck Video Gaming and eSports ETF during the 4th quarter worth approximately $1,390,000. Van ECK Associates Corp boosted its holdings in VanEck Video Gaming and eSports ETF by 55,197.6% in the 4th quarter. Van ECK Associates Corp now owns 46,450 shares of the company’s stock worth $3,873,000 after acquiring an additional 46,366 shares during the period. Finally, Advyzon Investment Management LLC purchased a new position in VanEck Video Gaming and eSports ETF in the 4th quarter worth approximately $226,000.

VanEck Video Gaming and eSports ETF Stock Down 1.2 %

ESPO opened at $96.91 on Thursday. The firm has a market capitalization of $319.80 million, a P/E ratio of 30.88 and a beta of 0.77. The firm’s 50 day moving average is $89.27 and its 200-day moving average is $86.13. VanEck Video Gaming and eSports ETF has a 52-week low of $60.91 and a 52-week high of $98.55.

About VanEck Video Gaming and eSports ETF

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.