Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in VanEck Morningstar SMID Moat ETF $SMOT

Wealth Enhancement Advisory Services LLC increased its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 39.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,442 shares of the company’s stock after acquiring an additional 26,545 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.84% of VanEck Morningstar SMID Moat ETF worth $3,500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of VanEck Morningstar SMID Moat ETF by 11,866.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,573 shares of the company’s stock worth $345,000 after buying an additional 9,493 shares during the last quarter. Allworth Financial LP grew its position in shares of VanEck Morningstar SMID Moat ETF by 258.2% in the 3rd quarter. Allworth Financial LP now owns 1,132 shares of the company’s stock valued at $41,000 after buying an additional 816 shares during the last quarter. Stonebridge Financial Planning Group LLC raised its stake in VanEck Morningstar SMID Moat ETF by 5.8% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 30,321 shares of the company’s stock worth $1,094,000 after acquiring an additional 1,673 shares in the last quarter. Apexium Financial LP lifted its position in VanEck Morningstar SMID Moat ETF by 1.6% in the third quarter. Apexium Financial LP now owns 329,963 shares of the company’s stock valued at $11,905,000 after acquiring an additional 5,207 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new position in VanEck Morningstar SMID Moat ETF in the third quarter valued at $766,000.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of SMOT stock opened at $35.19 on Wednesday. The stock’s 50-day moving average is $36.39 and its two-hundred day moving average is $36.34. VanEck Morningstar SMID Moat ETF has a 1 year low of $27.93 and a 1 year high of $37.91. The firm has a market cap of $391.66 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.

About VanEck Morningstar SMID Moat ETF

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.