Avaii Wealth Management LLC Invests $209,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Avaii Wealth Management LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,459 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pekin Hardy Strauss Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 4.5% in the third quarter. Pekin Hardy Strauss Inc. now owns 3,695 shares of the company’s stock valued at $280,000 after acquiring an additional 160 shares during the period. Brighton Jones LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 3.2% in the third quarter. Brighton Jones LLC now owns 5,671 shares of the company’s stock worth $430,000 after buying an additional 177 shares in the last quarter. Valmark Advisers Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 7.2% during the fourth quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock valued at $246,000 after buying an additional 194 shares during the period. FAS Wealth Partners Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.9% in the 3rd quarter. FAS Wealth Partners Inc. now owns 2,428 shares of the company’s stock valued at $184,000 after acquiring an additional 198 shares in the last quarter. Finally, Providence Capital Advisors LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 105.1% during the 3rd quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock worth $43,000 after acquiring an additional 290 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS:MOAT opened at $86.49 on Tuesday. The stock has a market cap of $14.58 billion, a PE ratio of 27.21 and a beta of 1.03. The stock has a 50 day simple moving average of $87.07 and a two-hundred day simple moving average of $82.88.

About VanEck Morningstar Wide Moat ETF

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.