GPS Wealth Strategies Group LLC Takes Position in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

GPS Wealth Strategies Group LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,325 shares of the company’s stock, valued at approximately $42,000.

Several other hedge funds have also added to or reduced their stakes in the business. Lynx Investment Advisory bought a new position in shares of VanEck Morningstar SMID Moat ETF during the second quarter valued at $156,000. Tranquility Partners LLC bought a new position in VanEck Morningstar SMID Moat ETF during the 4th quarter worth $215,000. SageView Advisory Group LLC acquired a new position in VanEck Morningstar SMID Moat ETF during the 4th quarter worth about $237,000. Soundwatch Capital LLC bought a new stake in shares of VanEck Morningstar SMID Moat ETF in the 4th quarter valued at about $256,000. Finally, Capital Analysts LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 84.9% in the fourth quarter. Capital Analysts LLC now owns 9,300 shares of the company’s stock valued at $293,000 after buying an additional 4,271 shares during the period.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of SMOT traded up $0.02 during mid-day trading on Wednesday, reaching $32.23. 23,990 shares of the company were exchanged. The stock has a 50 day simple moving average of $32.27 and a 200 day simple moving average of $32.35. The company has a market capitalization of $341.64 million, a PE ratio of 16.99 and a beta of 1.10.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.