Focus Partners Wealth lowered its holdings in shares of VanEck Energy Income ETF (NYSEARCA:EINC – Free Report) by 6.9% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,149 shares of the company’s stock after selling 7,391 shares during the period. Focus Partners Wealth owned about 11.47% of VanEck Energy Income ETF worth $9,913,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of EINC. LPL Financial LLC boosted its stake in VanEck Energy Income ETF by 118.4% in the first quarter. LPL Financial LLC now owns 103,356 shares of the company’s stock valued at $10,333,000 after buying an additional 56,027 shares in the last quarter. Bank of America Corp DE bought a new position in shares of VanEck Energy Income ETF in the fourth quarter worth about $1,493,000. GTS Securities LLC acquired a new stake in shares of VanEck Energy Income ETF in the 4th quarter valued at approximately $933,000. Efficient Advisors LLC acquired a new stake in shares of VanEck Energy Income ETF in the 1st quarter valued at approximately $444,000. Finally, Castleview Partners LLC grew its holdings in shares of VanEck Energy Income ETF by 93.8% during the 1st quarter. Castleview Partners LLC now owns 8,953 shares of the company’s stock valued at $895,000 after purchasing an additional 4,334 shares during the last quarter.
VanEck Energy Income ETF Price Performance
EINC stock opened at $97.22 on Friday. The stock has a market cap of $76.80 million, a price-to-earnings ratio of 19.11 and a beta of 1.31. The company has a 50 day simple moving average of $96.25 and a 200 day simple moving average of $96.07. VanEck Energy Income ETF has a 1 year low of $80.41 and a 1 year high of $104.70.
VanEck Energy Income ETF 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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