First Horizon Advisors Inc. Purchases 3,026 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

First Horizon Advisors Inc. raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 134.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,278 shares of the company’s stock after acquiring an additional 3,026 shares during the period. First Horizon Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $448,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MOAT. Addison Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter valued at approximately $31,000. Dividend Assets Capital LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $37,000. Providence Capital Advisors LLC lifted its stake 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. SYM FINANCIAL Corp purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter valued at about $53,000. Finally, Financial Freedom LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter valued at about $67,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $86.15 on Friday. The business has a 50 day moving average of $87.03 and a 200-day moving average of $83.07. The stock has a market capitalization of $14.52 billion, a P/E 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.