HighTower Advisors LLC Has $59.91 Million Position in VanEck Morningstar Wide Moat ETF $MOAT

HighTower Advisors LLC lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 578,478 shares of the company’s stock after selling 25,398 shares during the quarter. HighTower Advisors LLC owned about 0.43% of VanEck Morningstar Wide Moat ETF worth $59,907,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Arkadios Wealth Advisors grew its position in VanEck Morningstar Wide Moat ETF by 2.3% during the third quarter. Arkadios Wealth Advisors now owns 4,443 shares of the company’s stock worth $440,000 after buying an additional 101 shares in the last quarter. Western Pacific Wealth Management LP grew its position in VanEck Morningstar Wide Moat ETF by 1.7% during the fourth quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after buying an additional 116 shares in the last quarter. Sagespring Wealth Partners LLC grew its position in VanEck Morningstar Wide Moat ETF by 3.4% during the fourth quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock worth $372,000 after buying an additional 117 shares in the last quarter. Warner Financial Inc. grew its position in VanEck Morningstar Wide Moat ETF by 1.2% during the fourth quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock worth $1,171,000 after buying an additional 132 shares in the last quarter. Finally, Simplicity Wealth LLC grew its position in VanEck Morningstar Wide Moat ETF by 4.0% during the fourth quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock worth $358,000 after buying an additional 133 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $101.14 on Thursday. The company has a market capitalization of $13.65 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 $87.68 and a 1 year high of $108.10. The business’s 50 day simple moving average is $99.19 and its 200 day simple moving average is $102.52.

VanEck Morningstar Wide Moat ETF 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.