Kestra Advisory Services LLC Trims Stock Position in VanEck Morningstar SMID Moat ETF $SMOT

Kestra Advisory Services LLC trimmed its stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 58.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,597 shares of the company’s stock after selling 25,980 shares during the quarter. Kestra Advisory Services LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $654,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of SMOT. Ascentis Independent Advisors purchased a new position in VanEck Morningstar SMID Moat ETF in the 1st quarter valued at $2,040,000. Stephens Inc. AR lifted its stake in shares of VanEck Morningstar SMID Moat ETF by 4.4% in the 1st quarter. Stephens Inc. AR now owns 51,559 shares of the company’s stock worth $1,814,000 after acquiring an additional 2,191 shares during the period. Paladin Wealth LLC boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 12.7% in the first quarter. Paladin Wealth LLC now owns 30,562 shares of the company’s stock valued at $1,075,000 after acquiring an additional 3,437 shares in the last quarter. Bank of New Hampshire increased its stake in shares of VanEck Morningstar SMID Moat ETF by 484.3% during the fourth quarter. Bank of New Hampshire now owns 23,926 shares of the company’s stock worth $866,000 after acquiring an additional 19,831 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in VanEck Morningstar SMID Moat ETF during the fourth quarter worth about $987,000.

VanEck Morningstar SMID Moat ETF Stock Up 0.9%

Shares of BATS:SMOT opened at $39.10 on Friday. VanEck Morningstar SMID Moat ETF has a 52 week low of $34.25 and a 52 week high of $39.83. The company has a 50-day moving average price of $38.58 and a 200 day moving average price of $37.31. The company has a market cap of $435.18 million, a P/E ratio of 17.96 and a beta of 1.28.

VanEck Morningstar SMID Moat ETF Profile

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.