Great Lakes Advisors LLC Buys 74,823 Shares of VanEck Morningstar SMID Moat ETF $SMOT

Great Lakes Advisors LLC increased its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 7.5% in the third quarter, HoldingsChannel reports. The firm owned 1,073,573 shares of the company’s stock after purchasing an additional 74,823 shares during the quarter. Great Lakes Advisors LLC owned 0.10% of VanEck Morningstar SMID Moat ETF worth $38,735,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 18.7% during the 2nd quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock valued at $21,216,000 after buying an additional 95,940 shares in the last quarter. Woodmont Investment Counsel LLC boosted its stake in VanEck Morningstar SMID Moat ETF by 0.3% during the second quarter. Woodmont Investment Counsel LLC now owns 175,639 shares of the company’s stock worth $6,112,000 after acquiring an additional 595 shares in the last quarter. Stegent Equity Advisors Inc. boosted its stake in VanEck Morningstar SMID Moat ETF by 43.7% during the second quarter. Stegent Equity Advisors Inc. now owns 72,756 shares of the company’s stock worth $2,532,000 after acquiring an additional 22,134 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in VanEck Morningstar SMID Moat ETF by 20.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 66,897 shares of the company’s stock worth $2,406,000 after purchasing an additional 11,268 shares during the period. Finally, Prospera Financial Services Inc increased its stake in shares of VanEck Morningstar SMID Moat ETF by 23.6% during the second quarter. Prospera Financial Services Inc now owns 65,322 shares of the company’s stock valued at $2,273,000 after purchasing an additional 12,457 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Up 1.4%

Shares of SMOT opened at $37.24 on Thursday. The stock has a market cap of $414.43 million, a P/E ratio of 17.96 and a beta of 1.28. The business’s 50 day moving average price is $36.79 and its 200-day moving average price is $36.23. VanEck Morningstar SMID Moat ETF has a 52 week low of $27.93 and a 52 week high of $37.70.

VanEck Morningstar SMID Moat ETF Company Profile

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.