VanEck Morningstar Wide Moat ETF $MOAT Stock Position Lessened by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. cut its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,627,317 shares of the company’s stock after selling 41,250 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 4.7% of Mesirow Financial Investment Management Inc.’s holdings, making the stock its 3rd largest position. Mesirow Financial Investment Management Inc. owned 1.95% of VanEck Morningstar Wide Moat ETF worth $260,393,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOAT. Boulay Financial Advisors LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 2.0% in the 3rd quarter. Boulay Financial Advisors LLC now owns 2,119,374 shares of the company’s stock worth $210,051,000 after purchasing an additional 41,023 shares during the period. Jones Financial Companies Lllp boosted its position in shares of VanEck Morningstar Wide Moat ETF by 10.9% in the third quarter. Jones Financial Companies Lllp now owns 1,101,252 shares of the company’s stock valued at $108,275,000 after acquiring an additional 108,068 shares during the period. Envestnet Asset Management Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 9.6% during the second quarter. Envestnet Asset Management Inc. now owns 715,951 shares of the company’s stock valued at $67,149,000 after acquiring an additional 62,513 shares in the last quarter. Sfmg LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 2.1% during the 2nd quarter. Sfmg LLC now owns 616,184 shares of the company’s stock worth $57,792,000 after acquiring an additional 12,590 shares during the period. Finally, Orion Porfolio Solutions LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 1,387.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock worth $57,365,000 after purchasing an additional 570,500 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $106.12 on Thursday. The firm has a fifty day moving average price of $105.59 and a two-hundred day moving average price of $102.16. The company has a market cap of $14.33 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $108.10.

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