Cabot Wealth Management Inc. Invests $6.05 Million in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cabot Wealth Management Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 62,395 shares of the company’s stock, valued at approximately $6,049,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Calton & Associates Inc. bought a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $204,000. Fairscale Capital LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $473,000. Mirador Capital Partners LP bought a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at $282,000. Goepper Burkhardt LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 8.3% in the 2nd quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after purchasing an additional 3,905 shares in the last quarter. Finally, Kovack Advisors Inc. raised its holdings in VanEck Morningstar Wide Moat ETF by 35.8% in the 1st quarter. Kovack Advisors Inc. now owns 4,228 shares of the company’s stock worth $380,000 after purchasing an additional 1,115 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.2 %

BATS MOAT traded down $0.22 during trading on Tuesday, hitting $97.08. The company had a trading volume of 603,601 shares. The firm has a market capitalization of $16.42 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock has a 50 day simple moving average of $93.99 and a two-hundred day simple moving average of $89.66.

About VanEck Morningstar Wide Moat ETF

(Free Report)

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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Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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