Bank of America Corp DE Has $493,000 Stake in VanEck Low Carbon Energy ETF (NYSEARCA:SMOG)

Bank of America Corp DE reduced its stake in shares of VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) by 42.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,994 shares of the company’s stock after selling 3,670 shares during the quarter. Bank of America Corp DE owned about 0.36% of VanEck Low Carbon Energy ETF worth $493,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Ameriprise Financial Inc. increased its position in shares of VanEck Low Carbon Energy ETF by 1.4% in the 4th quarter. Ameriprise Financial Inc. now owns 18,821 shares of the company’s stock valued at $1,858,000 after buying an additional 253 shares in the last quarter. Susquehanna International Group LLP increased its holdings in shares of VanEck Low Carbon Energy ETF by 1.9% in the fourth quarter. Susquehanna International Group LLP now owns 19,362 shares of the company’s stock worth $1,911,000 after acquiring an additional 362 shares in the last quarter. Palisades Hudson Asset Management L.P. increased its holdings in shares of VanEck Low Carbon Energy ETF by 3.9% in the fourth quarter. Palisades Hudson Asset Management L.P. now owns 10,211 shares of the company’s stock worth $1,008,000 after acquiring an additional 386 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of VanEck Low Carbon Energy ETF during the fourth quarter worth about $44,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of VanEck Low Carbon Energy ETF by 110.3% during the 4th quarter. Jones Financial Companies Lllp now owns 896 shares of the company’s stock valued at $88,000 after purchasing an additional 470 shares in the last quarter.

VanEck Low Carbon Energy ETF Stock Performance

Shares of SMOG opened at $111.86 on Thursday. The stock has a 50 day simple moving average of $104.19 and a 200 day simple moving average of $102.20. VanEck Low Carbon Energy ETF has a 52-week low of $88.51 and a 52-week high of $114.01. The firm has a market capitalization of $124.16 million, a PE ratio of 19.46 and a beta of 1.20.

VanEck Low Carbon Energy ETF 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.