Vise Technologies Inc. purchased a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) during the third quarter, Holdings Channel reports. The fund purchased 32,747 shares of the company’s stock, valued at approximately $1,227,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Gradient Investments LLC boosted its position in shares of VanEck Morningstar SMID Moat ETF by 4.1% during the second quarter. Gradient Investments LLC now owns 905,457 shares of the company’s stock worth $35,186,000 after buying an additional 35,422 shares during the period. Focused Alpha LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the third quarter valued at $5,721,000. Bank of New Hampshire purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $3,060,000. Piedmont Capital Management LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at $2,141,000. Finally, TPG Advisors LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $1,787,000.
VanEck Morningstar SMID Moat ETF Trading Down 0.5%
SMOT opened at $40.96 on Friday. The stock’s 50-day moving average price is $39.24 and its 200 day moving average price is $38.18. VanEck Morningstar SMID Moat ETF has a 12-month low of $34.25 and a 12-month high of $42.33. The firm has a market cap of $455.88 million, a price-to-earnings ratio of 17.96 and a beta of 1.28.
VanEck Morningstar SMID Moat ETF 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.
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Want to see what other hedge funds are holding SMOT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report).
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