VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Shares Up 0.4% – Here’s What Happened

Shares of VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) shot up 0.4% during trading on Friday . The company traded as high as $91.18 and last traded at $90.44. 16,134 shares were traded during mid-day trading, a decline of 47% from the average session volume of 30,674 shares. The stock had previously closed at $90.10.

VanEck Video Gaming and eSports ETF Trading Up 0.4%

The company has a market capitalization of $253.23 million, a P/E ratio of 27.36 and a beta of 1.01. The business has a 50 day moving average price of $91.49 and a 200 day moving average price of $100.72.

Institutional Trading of VanEck Video Gaming and eSports ETF

A number of institutional investors and hedge funds have recently modified their holdings of ESPO. Jane Street Group LLC bought a new stake in VanEck Video Gaming and eSports ETF during the 1st quarter worth approximately $1,505,000. Walleye Capital LLC bought a new stake in VanEck Video Gaming and eSports ETF during the 2nd quarter worth approximately $568,000. Raymond James Financial Inc. increased its stake in VanEck Video Gaming and eSports ETF by 6.3% during the 2nd quarter. Raymond James Financial Inc. now owns 15,713 shares of the company’s stock worth $1,721,000 after purchasing an additional 935 shares in the last quarter. Ameriprise Financial Inc. increased its stake in VanEck Video Gaming and eSports ETF by 210.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 27,920 shares of the company’s stock worth $3,058,000 after purchasing an additional 18,925 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in VanEck Video Gaming and eSports ETF by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 91,261 shares of the company’s stock worth $9,997,000 after purchasing an additional 920 shares in the last quarter.

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.