Sequoia Financial Advisors LLC Has $18.08 Million Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Sequoia Financial Advisors LLC lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 12.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 182,396 shares of the company’s stock after selling 25,692 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.14% of VanEck Morningstar Wide Moat ETF worth $18,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. QRG Capital Management Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 10.8% in the 2nd quarter. QRG Capital Management Inc. now owns 3,467 shares of the company’s stock worth $325,000 after buying an additional 339 shares during the last quarter. Buttonwood Financial Advisors Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 11.7% during the third quarter. Buttonwood Financial Advisors Inc. now owns 298,563 shares of the company’s stock worth $29,591,000 after acquiring an additional 31,314 shares during the period. J.W. Cole Advisors Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 153.0% in the second quarter. J.W. Cole Advisors Inc. now owns 28,123 shares of the company’s stock worth $2,638,000 after purchasing an additional 17,008 shares during the last quarter. Smith Moore & CO. boosted its position in VanEck Morningstar Wide Moat ETF by 7.0% in the second quarter. Smith Moore & CO. now owns 53,883 shares of the company’s stock worth $5,054,000 after purchasing an additional 3,544 shares during the last quarter. Finally, Ayalon Insurance Comp Ltd. grew its stake in VanEck Morningstar Wide Moat ETF by 0.5% in the 2nd quarter. Ayalon Insurance Comp Ltd. now owns 40,145 shares of the company’s stock valued at $3,765,000 after purchasing an additional 190 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $106.99 on Friday. The business’s fifty day moving average is $103.86 and its 200-day moving average is $100.43. The stock has a market capitalization of $14.44 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41.

VanEck Morningstar Wide Moat ETF Company Profile

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.