VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) Stock Price Down 0.3% – Time to Sell?

VanEck Video Gaming and eSports ETF (NASDAQ:ESPO)’s share price fell 0.3% on Thursday . The stock traded as low as $91.67 and last traded at $91.67. 3,364 shares were traded during trading, a decline of 87% from the average daily volume of 25,687 shares. The stock had previously closed at $91.98.

VanEck Video Gaming and eSports ETF Stock Performance

The stock’s fifty day moving average price is $89.63 and its 200-day moving average price is $93.54. The company has a market capitalization of $242.93 million, a P/E ratio of 27.36 and a beta of 0.98.

Institutional Trading of VanEck Video Gaming and eSports ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Intesa Sanpaolo Wealth Management acquired a new position in shares of VanEck Video Gaming and eSports ETF during the 4th quarter worth approximately $41,000. Barclays PLC acquired a new stake in VanEck Video Gaming and eSports ETF during the 4th quarter valued at $175,000. Stifel Financial Corp lifted its holdings in VanEck Video Gaming and eSports ETF by 10.9% during the 4th quarter. Stifel Financial Corp now owns 2,104 shares of the company’s stock valued at $218,000 after purchasing an additional 206 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in VanEck Video Gaming and eSports ETF during the 4th quarter valued at $224,000. Finally, Stirlingshire Investments Inc. bought a new position in VanEck Video Gaming and eSports ETF during the fourth quarter worth $244,000.

About VanEck Video Gaming and eSports ETF

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.