Apollon Wealth Management LLC Sells 196 Shares of VanEck Energy Income ETF $EINC

Apollon Wealth Management LLC trimmed its holdings in VanEck Energy Income ETF (NYSEARCA:EINC) by 7.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,336 shares of the company’s stock after selling 196 shares during the quarter. Apollon Wealth Management LLC owned approximately 0.29% of VanEck Energy Income ETF worth $231,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Cetera Investment Advisers bought a new position in VanEck Energy Income ETF in the 1st quarter valued at $215,000. Royal Bank of Canada purchased a new stake in shares of VanEck Energy Income ETF during the first quarter valued at $328,000. Efficient Advisors LLC bought a new position in shares of VanEck Energy Income ETF in the first quarter worth about $444,000. Compound Planning Inc. grew its holdings in shares of VanEck Energy Income ETF by 13.1% in the first quarter. Compound Planning Inc. now owns 5,007 shares of the company’s stock worth $501,000 after purchasing an additional 578 shares during the last quarter. Finally, Castleview Partners LLC increased its stake in VanEck Energy Income ETF by 93.8% in the 1st quarter. Castleview Partners LLC now owns 8,953 shares of the company’s stock worth $895,000 after buying an additional 4,334 shares during the period.

VanEck Energy Income ETF Price Performance

Shares of EINC opened at $93.52 on Friday. The firm has a market capitalization of $69.20 million, a price-to-earnings ratio of 19.11 and a beta of 1.31. VanEck Energy Income ETF has a 1-year low of $80.41 and a 1-year high of $104.70. The company has a 50-day moving average of $96.72 and a 200 day moving average of $95.92.

About VanEck Energy Income ETF

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.