VanEck Morningstar Wide Moat ETF $MOAT Shares Newly Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 66,830 shares of the company’s stock, valued at approximately $7,065,000.

Several other hedge funds have also recently added to or reduced their stakes in MOAT. Howard Financial Services LTD. raised its position in VanEck Morningstar Wide Moat ETF by 3.0% during the third quarter. Howard Financial Services LTD. now owns 91,799 shares of the company’s stock worth $9,704,000 after acquiring an additional 2,695 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at about $2,445,000. Sloy Dahl & Holst LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at about $203,000. Godsey & Gibb Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $45,000. Finally, Family Office Research LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $12,116,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $109.06 on Thursday. The company’s 50 day simple moving average is $110.48 and its 200-day simple moving average is $105.30. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $115.58. The firm has a market capitalization of $14.72 billion, a PE ratio of 22.53 and a beta of 1.02.

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.