Paragon Advisors LLC Has $4.29 Million Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Paragon Advisors LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 12.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 41,433 shares of the company’s stock after selling 5,728 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 1.2% of Paragon Advisors LLC’s holdings, making the stock its 24th biggest position. Paragon Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,291,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. National Wealth Management Group LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $223,000. Focus Financial Network Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.9% during the fourth quarter. Focus Financial Network Inc. now owns 17,494 shares of the company’s stock worth $1,812,000 after purchasing an additional 157 shares during the period. Harbor Group Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.3% during the fourth quarter. Harbor Group Inc. now owns 471,886 shares of the company’s stock worth $48,868,000 after purchasing an additional 23,926 shares during the period. Ayalon Insurance Comp Ltd. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.8% during the fourth quarter. Ayalon Insurance Comp Ltd. now owns 40,584 shares of the company’s stock worth $4,203,000 after purchasing an additional 330 shares during the period. Finally, S.E.E.D. Planning Group LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 156,113 shares of the company’s stock valued at $16,167,000 after buying an additional 2,571 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.4%

Shares of MOAT stock opened at $96.78 on Thursday. The stock has a market cap of $13.07 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $108.10. The stock has a 50 day simple moving average of $103.98 and a 200 day simple moving average of $102.61.

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.