Great Valley Advisor Group Inc. trimmed its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,193 shares of the company’s stock after selling 1,572 shares during the period. Great Valley Advisor Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,540,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of MOAT. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at $26,000. Mather Group LLC. purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $32,000. Pinnacle Financial Partners Inc lifted its stake in VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter. Fairman Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $41,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $50,000.
VanEck Morningstar Wide Moat ETF Stock Performance
Shares of VanEck Morningstar Wide Moat ETF stock opened at $97.45 on Monday. The business has a 50-day simple moving average of $96.05 and a 200-day simple moving average of $91.67. The stock has a market cap of $16.48 billion, a P/E ratio of 28.30 and a beta of 1.01.
VanEck Morningstar Wide Moat ETF Company Profile
The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.
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