NorthCrest Asset Manangement LLC increased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 2.6% during the 3rd quarter, Holdings Channel reports. The fund owned 72,116 shares of the company’s stock after purchasing an additional 1,823 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,992,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of MOAT. Mesirow Financial Investment Management Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.7% during the second quarter. Mesirow Financial Investment Management Inc. now owns 2,550,227 shares of the company’s stock worth $220,942,000 after buying an additional 41,738 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 1.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock worth $215,611,000 after acquiring an additional 30,142 shares in the last quarter. Raymond James & Associates increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.3% in the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after purchasing an additional 7,909 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 12.8% in the 1st quarter. Osaic Holdings Inc. now owns 1,739,857 shares of the company’s stock valued at $156,380,000 after purchasing an additional 198,105 shares in the last quarter. Finally, CWM LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 10.5% during the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after purchasing an additional 109,394 shares during the last quarter.
VanEck Morningstar Wide Moat ETF Price Performance
BATS:MOAT traded down $0.48 during trading hours on Friday, hitting $95.41. The company’s stock had a trading volume of 507,800 shares. The company has a market capitalization of $16.13 billion, a PE ratio of 28.30 and a beta of 1.01. The company has a 50-day simple moving average of $95.24 and a two-hundred day simple moving average of $90.17.
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.
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