Commonwealth Equity Services LLC Sells 417 Shares of VanEck Low Carbon Energy ETF (NYSEARCA:SMOG)

Commonwealth Equity Services LLC lessened its stake in VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) by 13.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,779 shares of the company’s stock after selling 417 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Low Carbon Energy ETF were worth $267,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SMOG. Macroview Investment Management LLC bought a new stake in VanEck Low Carbon Energy ETF in the 2nd quarter valued at $37,000. Lakeridge Wealth Management LLC boosted its holdings in shares of VanEck Low Carbon Energy ETF by 12.2% during the 1st quarter. Lakeridge Wealth Management LLC now owns 2,296 shares of the company’s stock valued at $226,000 after purchasing an additional 250 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of VanEck Low Carbon Energy ETF by 99.9% during the 4th quarter. Assetmark Inc. now owns 4,888 shares of the company’s stock valued at $541,000 after purchasing an additional 2,443 shares during the last quarter.

VanEck Low Carbon Energy ETF Stock Up 1.9 %

SMOG opened at $110.50 on Wednesday. The firm has a 50-day simple moving average of $102.52 and a two-hundred day simple moving average of $100.41. VanEck Low Carbon Energy ETF has a 52 week low of $91.01 and a 52 week high of $112.11. The company has a market capitalization of $152.49 million, a PE ratio of 18.41 and a beta of 1.25.

VanEck Low Carbon Energy ETF Profile

The VanEck Low Carbon Energy ETF (SMOG) is an exchange-traded fund that is based on the MVIS Global Low Carbon Energy index, a market-cap-weighted index of companies that focuses specifically on renewable energy SMOG was launched on May 3, 2007 and is managed by VanEck.