Money Concepts Capital Corp purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 39,479 shares of the company’s stock, valued at approximately $3,818,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. MBM Wealth Consultants LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at approximately $29,000. First Horizon Corp bought a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $31,000. Russell Investments Group Ltd. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the period. Finally, Empowered Funds LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $32,000.
VanEck Morningstar Wide Moat ETF Price Performance
Shares of VanEck Morningstar Wide Moat ETF stock opened at $105.69 on Friday. The stock’s 50-day moving average is $102.38 and its 200 day moving average is $102.70. VanEck Morningstar Wide Moat ETF has a one year low of $93.96 and a one year high of $108.10. The firm has a market cap of $14.27 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.
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.
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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
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