MONECO Advisors LLC Raises Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MONECO Advisors LLC increased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,502 shares of the company’s stock after purchasing an additional 146 shares during the period. MONECO Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $297,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in MOAT. Pekin Hardy Strauss Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 4.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 3,695 shares of the company’s stock valued at $280,000 after purchasing an additional 160 shares in the last quarter. Brighton Jones LLC lifted its position in VanEck Morningstar Wide Moat ETF by 3.2% during the third quarter. Brighton Jones LLC now owns 5,671 shares of the company’s stock valued at $430,000 after acquiring an additional 177 shares during the last quarter. Valmark Advisers Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 7.2% in the fourth quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock valued at $246,000 after acquiring an additional 194 shares in the last quarter. Providence Capital Advisors LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 105.1% in the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock worth $43,000 after purchasing an additional 290 shares during the last quarter. Finally, Mengis Capital Management Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% during the third quarter. Mengis Capital Management Inc. now owns 50,631 shares of the company’s stock worth $3,840,000 after purchasing an additional 312 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $85.23 on Thursday. The stock has a fifty day simple moving average of $87.05 and a two-hundred day simple moving average of $82.98. The firm has a market cap of $14.37 billion, a PE ratio of 27.21 and a beta of 1.03.

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.