Nan Shan Life Insurance Co. Ltd. Invests $2.67 Million in VanEck Morningstar Wide Moat Value ETF $MVAL

Nan Shan Life Insurance Co. Ltd. bought a new position in VanEck Morningstar Wide Moat Value ETF (BATS:MVAL) during the second quarter, Holdings Channel reports. The firm bought 73,208 shares of the company’s stock, valued at approximately $2,675,000. Nan Shan Life Insurance Co. Ltd. owned approximately 0.49% of VanEck Morningstar Wide Moat Value ETF at the end of the most recent reporting period.

Separately, Proficio Capital Partners LLC purchased a new position in VanEck Morningstar Wide Moat Value ETF during the 2nd quarter valued at approximately $1,272,000.

VanEck Morningstar Wide Moat Value ETF Price Performance

BATS:MVAL opened at $38.80 on Wednesday. VanEck Morningstar Wide Moat Value ETF has a 1 year low of $33.53 and a 1 year high of $40.20. The stock’s 50 day simple moving average is $38.18 and its two-hundred day simple moving average is $37.08. The company has a market cap of $5.82 million, a price-to-earnings ratio of 18.54 and a beta of 0.76.

VanEck Morningstar Wide Moat Value ETF Company Profile

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.