VanEck Morningstar Wide Moat ETF $MOAT is Virtus Wealth Solutions LLC’s 6th Largest Position

Virtus Wealth Solutions LLC lessened its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 262,300 shares of the company’s stock after selling 5,576 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 5.0% of Virtus Wealth Solutions LLC’s holdings, making the stock its 6th biggest position. Virtus Wealth Solutions LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $25,997,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MOAT. AlphaCore Capital LLC boosted its position in VanEck Morningstar Wide Moat ETF by 12.5% during the third quarter. AlphaCore Capital LLC now owns 112,251 shares of the company’s stock worth $11,125,000 after acquiring an additional 12,471 shares during the last quarter. M3 Advisory Group LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 6.0% during the 3rd quarter. M3 Advisory Group LLC now owns 14,512 shares of the company’s stock worth $1,438,000 after purchasing an additional 815 shares during the period. Apriem Advisors boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 7.1% during the third quarter. Apriem Advisors now owns 493,823 shares of the company’s stock worth $48,943,000 after purchasing an additional 32,828 shares during the last quarter. Advyzon Investment Management LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 22.5% during the third quarter. Advyzon Investment Management LLC now owns 12,509 shares of the company’s stock worth $1,240,000 after purchasing an additional 2,300 shares during the last quarter. Finally, Citigroup Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 2.4% in the third quarter. Citigroup Inc. now owns 201,257 shares of the company’s stock valued at $19,947,000 after purchasing an additional 4,659 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Down 0.0%

BATS MOAT opened at $106.12 on Thursday. The business’s 50-day moving average price is $105.59 and its 200 day moving average price is $102.16. VanEck Morningstar Wide Moat ETF has a twelve month low of $75.43 and a twelve month high of $108.10. The company has a market capitalization of $14.33 billion, a PE ratio of 22.53 and a beta of 1.02.

About VanEck Morningstar Wide Moat ETF

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.