Mesirow Financial Investment Management Inc. lessened its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) by 16.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 215,235 shares of the company’s stock after selling 42,591 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in VanEck Morningstar SMID Moat ETF were worth $7,791,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in SMOT. Royal Bank of Canada bought a new stake in VanEck Morningstar SMID Moat ETF in the first quarter valued at about $405,000. Goldman Sachs Group Inc. bought a new stake in VanEck Morningstar SMID Moat ETF in the first quarter valued at about $921,000. NewEdge Advisors LLC bought a new stake in VanEck Morningstar SMID Moat ETF in the second quarter valued at about $355,000. Bank of America Corp DE increased its holdings in VanEck Morningstar SMID Moat ETF by 18.7% in the second quarter. Bank of America Corp DE now owns 609,663 shares of the company’s stock valued at $21,216,000 after purchasing an additional 95,940 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in VanEck Morningstar SMID Moat ETF by 34.5% in the second quarter. Tower Research Capital LLC TRC now owns 11,086 shares of the company’s stock valued at $386,000 after purchasing an additional 2,843 shares during the last quarter.
VanEck Morningstar SMID Moat ETF Trading Down 0.1%
BATS SMOT opened at $37.47 on Thursday. The stock has a 50-day simple moving average of $36.12 and a 200 day simple moving average of $36.45. The company has a market capitalization of $417.04 million, a PE ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a 12 month low of $32.57 and a 12 month high of $37.91.
About VanEck Morningstar SMID Moat ETF
The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations. SMOT was launched on Oct 4, 2022 and is managed by VanEck.
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