Lynx Investment Advisory Makes New $104,000 Investment in VanEck Video Gaming and eSports ETF (NASDAQ:ESPO)

Lynx Investment Advisory purchased a new position in shares of VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,561 shares of the company’s stock, valued at approximately $104,000.

Several other hedge funds have also recently modified their holdings of the stock. ORG Partners LLC purchased a new stake in shares of VanEck Video Gaming and eSports ETF in the 4th quarter valued at approximately $270,000. Assetmark Inc. grew its position in shares of VanEck Video Gaming and eSports ETF by 107.8% in the 4th quarter. Assetmark Inc. now owns 7,269 shares of the company’s stock valued at $412,000 after buying an additional 3,771 shares during the last quarter. Objectivity Squared LLC purchased a new position in shares of VanEck Video Gaming and eSports ETF in the 4th quarter valued at $478,000. BNP Paribas Financial Markets grew its position in VanEck Video Gaming and eSports ETF by 55.2% during the 1st quarter. BNP Paribas Financial Markets now owns 24,776 shares of the company’s stock worth $1,549,000 after purchasing an additional 8,808 shares during the last quarter. Finally, Florin Court Capital LLP grew its position 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 worth $1,663,000 after purchasing an additional 13,486 shares during the last quarter.

VanEck Video Gaming and eSports ETF Stock Performance

VanEck Video Gaming and eSports ETF stock traded up $0.87 during midday trading on Tuesday, hitting $63.65. 21,576 shares of the company’s stock were exchanged, compared to its average volume of 16,573. VanEck Video Gaming and eSports ETF has a 12-month low of $49.03 and a 12-month high of $70.90. The stock has a market cap of $232.32 million, a price-to-earnings ratio of 29.98 and a beta of 0.77. The firm’s 50 day simple moving average is $66.97 and its 200 day simple moving average is $63.56.

VanEck Video Gaming and eSports ETF 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.