Ground Swell Capital LLC bought a new stake in shares of VanEck Pharmaceutical ETF (NASDAQ:PPH – Free Report) in the 1st quarter, HoldingsChannel.com reports. The fund bought 15,445 shares of the company’s stock, valued at approximately $1,604,000. VanEck Pharmaceutical ETF accounts for approximately 3.2% of Ground Swell Capital LLC’s holdings, making the stock its 3rd largest holding.
Several other large investors have also recently made changes to their positions in PPH. IMC Chicago LLC acquired a new stake in VanEck Pharmaceutical ETF during the fourth quarter valued at $1,707,000. Tudor Investment Corp ET AL purchased a new position in VanEck Pharmaceutical ETF in the third quarter valued at $678,000. Cherry Creek Investment Advisors Inc. acquired a new position in shares of VanEck Pharmaceutical ETF in the fourth quarter worth about $1,355,000. Integrity Alliance LLC. acquired a new position in shares of VanEck Pharmaceutical ETF in the fourth quarter worth about $526,000. Finally, Leuthold Group LLC purchased a new stake in shares of VanEck Pharmaceutical ETF during the 4th quarter worth about $906,000.
VanEck Pharmaceutical ETF Stock Up 2.5%
NASDAQ:PPH opened at $109.44 on Friday. VanEck Pharmaceutical ETF has a 52 week low of $81.74 and a 52 week high of $112.58. The stock has a market capitalization of $1.04 billion, a PE ratio of 20.21 and a beta of 0.47. The stock’s 50-day moving average price is $103.24 and its 200-day moving average price is $104.61.
VanEck Pharmaceutical ETF Increases Dividend
VanEck Pharmaceutical ETF Profile
The VanEck Pharmaceutical ETF (PPH) is an exchange-traded fund that is based on the MVIS US Listed Pharmaceutical 25 index, a market-cap-weighted index of 25 of the largest global pharmaceutical firms. PPH was launched on Feb 1, 2000 and is managed by VanEck.
See Also
- Five stocks we like better than VanEck Pharmaceutical ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Want to see what other hedge funds are holding PPH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Pharmaceutical ETF (NASDAQ:PPH – Free Report).
Receive News & Ratings for VanEck Pharmaceutical ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Pharmaceutical ETF and related companies with MarketBeat.com's FREE daily email newsletter.
