Money Design Co. Ltd. Lowers Stake in VanEck Low Carbon Energy ETF (NYSEARCA:SMOG)

Money Design Co. Ltd. cut its stake in VanEck Low Carbon Energy ETF (NYSEARCA:SMOG) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,790 shares of the company’s stock after selling 2,232 shares during the period. Money Design Co. Ltd. owned about 2.01% of VanEck Low Carbon Energy ETF worth $2,769,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Palisades Hudson Asset Management L.P. grew its stake in VanEck Low Carbon Energy ETF by 11.3% in the 3rd quarter. Palisades Hudson Asset Management L.P. now owns 9,825 shares of the company’s stock worth $1,103,000 after acquiring an additional 994 shares in the last quarter. JNBA Financial Advisors grew its stake in VanEck Low Carbon Energy ETF by 11.7% in the third quarter. JNBA Financial Advisors now owns 2,788 shares of the company’s stock worth $313,000 after purchasing an additional 291 shares in the last quarter. Assetmark Inc. increased its holdings in VanEck Low Carbon Energy ETF by 8.6% during the 3rd quarter. Assetmark Inc. now owns 5,855 shares of the company’s stock worth $657,000 after purchasing an additional 466 shares during the period. Flow Traders U.S. LLC bought a new stake in VanEck Low Carbon Energy ETF during the 3rd quarter valued at $417,000. Finally, Wolverine Trading LLC purchased a new stake in shares of VanEck Low Carbon Energy ETF in the 3rd quarter worth $378,000.

VanEck Low Carbon Energy ETF Trading Down 1.0 %

SMOG opened at $98.35 on Wednesday. The company has a market capitalization of $135.72 million, a price-to-earnings ratio of 18.41 and a beta of 1.25. VanEck Low Carbon Energy ETF has a 12-month low of $91.01 and a 12-month high of $114.01. The business’s fifty day simple moving average is $100.98 and its 200-day simple moving average is $102.94.

VanEck Low Carbon Energy ETF Company 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.