VanEck Mortgage REIT Income ETF (NYSEARCA:MORT – Get Free Report)’s stock price was up 2.2% during trading on Friday . The company traded as high as $9.95 and last traded at $9.89. 1,025,114 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 1,306,346 shares. The stock had previously closed at $9.68.
VanEck Mortgage REIT Income ETF Price Performance
The business has a fifty day simple moving average of $9.96 and a two-hundred day simple moving average of $10.30. The company has a market cap of $384.72 million, a PE ratio of 14.67 and a beta of 1.17.
Institutional Investors Weigh In On VanEck Mortgage REIT Income ETF
A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE raised its stake in shares of VanEck Mortgage REIT Income ETF by 266.8% during the 1st quarter. Bank of America Corp DE now owns 2,355,913 shares of the company’s stock worth $24,172,000 after acquiring an additional 1,713,570 shares in the last quarter. HighTower Advisors LLC purchased a new position in VanEck Mortgage REIT Income ETF in the fourth quarter worth $13,388,000. Quadrature Capital Ltd acquired a new position in shares of VanEck Mortgage REIT Income ETF during the third quarter worth $1,788,000. Tower Research Capital LLC TRC lifted its holdings in shares of VanEck Mortgage REIT Income ETF by 2,318.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 141,327 shares of the company’s stock valued at $1,492,000 after purchasing an additional 135,484 shares during the last quarter. Finally, Focused Wealth Management Inc purchased a new stake in shares of VanEck Mortgage REIT Income ETF during the 4th quarter valued at $1,152,000.
VanEck Mortgage REIT Income ETF Company Profile
The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.
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