Stephens Inc. AR Reduces Stake in VanEck Morningstar Wide Moat ETF $MOAT

Stephens Inc. AR reduced its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 373,699 shares of the company’s stock after selling 18,132 shares during the period. Stephens Inc. AR owned about 0.28% of VanEck Morningstar Wide Moat ETF worth $37,037,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. QRG Capital Management Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 10.8% during the 2nd quarter. QRG Capital Management Inc. now owns 3,467 shares of the company’s stock worth $325,000 after acquiring an additional 339 shares during the period. Buttonwood Financial Advisors Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 11.7% during the third quarter. Buttonwood Financial Advisors Inc. now owns 298,563 shares of the company’s stock valued at $29,591,000 after purchasing an additional 31,314 shares during the last quarter. Smith Moore & CO. boosted its position in VanEck Morningstar Wide Moat ETF by 7.0% during the second quarter. Smith Moore & CO. now owns 53,883 shares of the company’s stock worth $5,054,000 after purchasing an additional 3,544 shares during the period. J.W. Cole Advisors Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 153.0% in the second quarter. J.W. Cole Advisors Inc. now owns 28,123 shares of the company’s stock worth $2,638,000 after purchasing an additional 17,008 shares in the last quarter. Finally, Ayalon Insurance Comp Ltd. raised its position in shares of VanEck Morningstar Wide Moat ETF by 0.5% in the second quarter. Ayalon Insurance Comp Ltd. now owns 40,145 shares of the company’s stock valued at $3,765,000 after purchasing an additional 190 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 15.7%

Shares of MOAT stock opened at $106.79 on Wednesday. The firm’s 50 day moving average is $103.44 and its 200 day moving average is $100.20. The stock has a market capitalization of $14.42 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $99.41.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.