Onyx Bridge Wealth Group LLC Invests $1.06 Million in VanEck Egypt Index ETF (NYSEARCA:EGPT)

Onyx Bridge Wealth Group LLC purchased a new position in shares of VanEck Egypt Index ETF (NYSEARCA:EGPT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 43,521 shares of the company’s stock, valued at approximately $1,055,000. Onyx Bridge Wealth Group LLC owned approximately 5.44% of VanEck Egypt Index ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EGPT. Jane Street Group LLC boosted its holdings in VanEck Egypt Index ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 36,593 shares of the company’s stock worth $785,000 after purchasing an additional 12,047 shares during the period. Citadel Advisors LLC acquired a new position in VanEck Egypt Index ETF in the second quarter worth $179,000. Morgan Stanley boosted its holdings in VanEck Egypt Index ETF by 100.3% in the fourth quarter. Morgan Stanley now owns 5,628 shares of the company’s stock worth $114,000 after purchasing an additional 2,818 shares during the period. OLD Mission Capital LLC boosted its holdings in VanEck Egypt Index ETF by 14.2% in the first quarter. OLD Mission Capital LLC now owns 26,893 shares of the company’s stock worth $483,000 after purchasing an additional 3,334 shares during the period. Finally, Susquehanna International Group LLP acquired a new position in VanEck Egypt Index ETF in the first quarter worth $906,000.

VanEck Egypt Index ETF Trading Down 0.0 %

VanEck Egypt Index ETF stock traded down $0.01 during mid-day trading on Friday, reaching $21.48. The company’s stock had a trading volume of 106,800 shares, compared to its average volume of 27,950. The firm has a market cap of $17.18 million, a price-to-earnings ratio of 6.43 and a beta of 0.62. The business has a 50 day moving average price of $23.90 and a 200-day moving average price of $24.39. VanEck Egypt Index ETF has a twelve month low of $15.90 and a twelve month high of $31.95.

VanEck Egypt Index ETF Profile

The VanEck Egypt Index ETF (EGPT) is an exchange-traded fund that is based on the MVIS Egypt index, a market-cap-weighted index of companies that derive at least 50% of revenues from Egypt. EGPT was launched on Feb 18, 2010 and is managed by VanEck.