IHT Wealth Management LLC Increases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

IHT Wealth Management LLC grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 26.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 71,522 shares of the company’s stock after buying an additional 14,961 shares during the quarter. IHT Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,923,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MOAT. Comerica Bank boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 12.9% in the 1st quarter. Comerica Bank now owns 51,372 shares of the company’s stock valued at $4,618,000 after buying an additional 5,852 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $26,000. Mather Group LLC. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $32,000. Kingswood Wealth Advisors LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 21.5% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 15,150 shares of the company’s stock worth $1,312,000 after acquiring an additional 2,683 shares in the last quarter. Finally, RDA Financial Network raised its position in shares of VanEck Morningstar Wide Moat ETF by 9.5% during the 2nd quarter. RDA Financial Network now owns 58,945 shares of the company’s stock worth $5,105,000 after acquiring an additional 5,125 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT traded up $0.27 during midday trading on Tuesday, hitting $98.71. 773,046 shares of the company’s stock were exchanged. The company has a market cap of $16.69 billion, a P/E ratio of 28.30 and a beta of 1.01. The firm has a fifty day simple moving average of $96.40 and a two-hundred day simple moving average of $92.01.

VanEck Morningstar Wide Moat ETF Company 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.