Commonwealth Equity Services LLC Cuts Stake in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO)

Commonwealth Equity Services LLC lowered its stake in shares of VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) by 1.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,693 shares of the company’s stock after selling 381 shares during the period. Commonwealth Equity Services LLC owned about 0.77% of VanEck Video Gaming and eSports ETF worth $1,919,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Partners LLC purchased a new stake in shares of VanEck Video Gaming and eSports ETF during the fourth quarter worth about $270,000. Assetmark Inc. grew its stake in VanEck Video Gaming and eSports ETF by 107.8% during the 4th quarter. Assetmark Inc. now owns 7,269 shares of the company’s stock valued at $412,000 after acquiring an additional 3,771 shares in the last quarter. Objectivity Squared LLC purchased a new stake in VanEck Video Gaming and eSports ETF during the 4th quarter valued at about $478,000. Florin Court Capital LLP grew its stake in VanEck Video Gaming and eSports ETF by 85.2% during the 4th quarter. Florin Court Capital LLP now owns 29,319 shares of the company’s stock valued at $1,663,000 after acquiring an additional 13,486 shares in the last quarter. Finally, LPL Financial LLC grew its stake in VanEck Video Gaming and eSports ETF by 18.3% during the 3rd quarter. LPL Financial LLC now owns 87,244 shares of the company’s stock valued at $4,498,000 after acquiring an additional 13,488 shares in the last quarter.

VanEck Video Gaming and eSports ETF Price Performance

NASDAQ ESPO traded up $0.34 during trading hours on Friday, hitting $67.67. 10,717 shares of the company’s stock traded hands, compared to its average volume of 16,343. VanEck Video Gaming and eSports ETF has a 52-week low of $49.03 and a 52-week high of $69.50. The company has a market capitalization of $270.68 million, a PE ratio of 29.98 and a beta of 0.77. The firm’s 50-day moving average is $65.38 and its 200-day moving average is $61.58.

VanEck Video Gaming and eSports ETF Company Profile

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.