VanEck Morningstar SMID Moat ETF $SMOT Shares Sold by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lowered its stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 85.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,678 shares of the company’s stock after selling 56,180 shares during the period. Stegent Equity Advisors Inc. owned about 0.09% of VanEck Morningstar SMID Moat ETF worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Gradient Investments LLC boosted its holdings in VanEck Morningstar SMID Moat ETF by 4.3% in the 4th quarter. Gradient Investments LLC now owns 822,960 shares of the company’s stock worth $29,791,000 after buying an additional 34,296 shares during the last quarter. Vise Technologies Inc. acquired a new position in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter valued at approximately $1,306,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of VanEck Morningstar SMID Moat ETF by 39.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,442 shares of the company’s stock valued at $3,500,000 after acquiring an additional 26,545 shares in the last quarter. Great Lakes Advisors LLC boosted its stake in shares of VanEck Morningstar SMID Moat ETF by 5.7% in the fourth quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock worth $41,069,000 after acquiring an additional 60,940 shares during the last quarter. Finally, Bank of New Hampshire boosted its stake in shares of VanEck Morningstar SMID Moat ETF by 484.3% in the fourth quarter. Bank of New Hampshire now owns 23,926 shares of the company’s stock worth $866,000 after acquiring an additional 19,831 shares during the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of SMOT opened at $39.08 on Thursday. The stock has a 50 day moving average price of $37.94 and a 200 day moving average price of $37.01. VanEck Morningstar SMID Moat ETF has a one year low of $34.25 and a one year high of $39.36. The stock has a market capitalization of $434.96 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.

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.