Vontobel Holding Ltd. Makes New $581,000 Investment in VanEck Video Gaming and eSports ETF $ESPO

Vontobel Holding Ltd. bought a new stake in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,022 shares of the company’s stock, valued at approximately $581,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Royal Bank of Canada boosted its position in shares of VanEck Video Gaming and eSports ETF by 17.6% in the first quarter. Royal Bank of Canada now owns 15,647 shares of the company’s stock worth $1,416,000 after buying an additional 2,341 shares during the period. Integrated Wealth Concepts LLC acquired a new position in VanEck Video Gaming and eSports ETF during the second quarter valued at $143,000. Finally, Kestra Advisory Services LLC raised its position in VanEck Video Gaming and eSports ETF by 2.2% during the first quarter. Kestra Advisory Services LLC now owns 5,986 shares of the company’s stock valued at $542,000 after buying an additional 129 shares during the period.

VanEck Video Gaming and eSports ETF Trading Up 1.7%

NASDAQ:ESPO opened at $102.15 on Wednesday. The business’s fifty day moving average price is $97.96 and its 200 day moving average price is $93.51. The firm has a market capitalization of $260.48 million, a price-to-earnings ratio of 27.36 and a beta of 0.98. VanEck Video Gaming and eSports ETF has a 1-year low of $84.93 and a 1-year high of $117.12.

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.