Rooted Wealth Advisors Inc. Sells 12,855 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Rooted Wealth Advisors Inc. lowered its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 38.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,941 shares of the company’s stock after selling 12,855 shares during the period. Rooted Wealth Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,117,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $27,000. Keystone Global Partners LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $28,000. Intelligent Financial Strategies bought a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $30,000. Atlantic Union Bankshares Corp acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at approximately $34,000. Finally, Banque Transatlantique SA bought a new stake in VanEck Morningstar Wide Moat ETF during the first quarter worth $36,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $104.37 on Tuesday. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The firm has a market cap of $14.09 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business’s fifty day moving average is $102.66 and its 200-day moving average is $99.15.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.