VanEck Morningstar International Moat ETF (BATS:MOTI) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

VanEck Morningstar International Moat ETF (BATS:MOTI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.69 and traded as low as $31.65. VanEck Morningstar International Moat ETF shares last traded at $31.76, with a volume of 12,818 shares trading hands.

VanEck Morningstar International Moat ETF Stock Down 0.2 %

The firm has a fifty day simple moving average of $33.47 and a 200-day simple moving average of $32.69. The company has a market cap of $223.87 million, a PE ratio of 12.33 and a beta of 0.95.

Institutional Investors Weigh In On VanEck Morningstar International Moat ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank raised its position in VanEck Morningstar International Moat ETF by 155.6% in the 1st quarter. Comerica Bank now owns 10,190 shares of the company’s stock valued at $317,000 after purchasing an additional 6,204 shares during the last quarter. Lionsbridge Wealth Management LLC purchased a new stake in VanEck Morningstar International Moat ETF in the 2nd quarter valued at approximately $685,000. BCS Wealth Management boosted its stake in shares of VanEck Morningstar International Moat ETF by 3.8% during the second quarter. BCS Wealth Management now owns 17,844 shares of the company’s stock valued at $559,000 after acquiring an additional 657 shares during the last quarter. Raymond James & Associates boosted its stake in shares of VanEck Morningstar International Moat ETF by 3.5% during the 2nd quarter. Raymond James & Associates now owns 811,674 shares of the company’s stock worth $25,446,000 after purchasing an additional 27,141 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in VanEck Morningstar International Moat ETF in the 2nd quarter worth approximately $585,000.

VanEck Morningstar International Moat ETF Company Profile

The VanEck Morningstar International Moat ETF (MOTI) is an exchange-traded fund that is based on the Morningstar Global ex-US Moat Focus index. The fund tracks an equal-weighted index of 50 non-US companies that Morningstar deems to have a sustainable competitive advantage and an attractive valuation.