VanEck Green Bond ETF (NYSEARCA:GRNB) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

VanEck Green Bond ETF (NYSEARCA:GRNB)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $24.32 and traded as high as $24.46. VanEck Green Bond ETF shares last traded at $24.43, with a volume of 14,918 shares.

VanEck Green Bond ETF Trading Up 0.1%

The company has a market cap of $154.00 million, a P/E ratio of -35.95 and a beta of 0.24. The business has a 50 day moving average price of $24.42 and a 200-day moving average price of $24.32.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. PFG Investments LLC raised its stake in VanEck Green Bond ETF by 0.6% in the third quarter. PFG Investments LLC now owns 538,790 shares of the financial services provider’s stock valued at $13,163,000 after buying an additional 3,410 shares during the period. Rossby Financial LCC lifted its holdings in VanEck Green Bond ETF by 15.7% during the 3rd quarter. Rossby Financial LCC now owns 280,710 shares of the financial services provider’s stock valued at $6,851,000 after purchasing an additional 38,079 shares during the last quarter. rebel Financial LLC acquired a new stake in shares of VanEck Green Bond ETF during the 2nd quarter worth about $5,208,000. Financial Engines Advisors L.L.C. lifted its position in VanEck Green Bond ETF by 6.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 129,904 shares of the financial services provider’s stock worth $3,174,000 after acquiring an additional 7,583 shares during the last quarter. Finally, UBS Group AG grew its position in shares of VanEck Green Bond ETF by 3.1% in the third quarter. UBS Group AG now owns 77,308 shares of the financial services provider’s stock valued at $1,889,000 after purchasing an additional 2,348 shares during the last quarter. 1.77% of the stock is currently owned by institutional investors and hedge funds.

VanEck Green Bond ETF Company Profile

Green Bankshares, Inc (Green Bankshares) is a bank holding company. Prior to September 7, 2011, Green Bankshares conducted its business primarily through its wholly owned subsidiary, GreenBank (the Bank). On September 7, 2011, the Bank merged with and into Capital Bank, National Association (Capital Bank, NA), a subsidiary of Capital Bank Financial Corp. (CBF). CBF owns approximately 90% interest of the Company. As of December 31, 2011, the Company’s net investment of $315.3 million in Capital Bank, NA.