Focused Alpha LLC bought a new position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 152,659 shares of the company’s stock, valued at approximately $5,721,000. VanEck Morningstar SMID Moat ETF makes up 1.4% of Focused Alpha LLC’s investment portfolio, making the stock its 19th largest position.
Several other hedge funds have also modified their holdings of the stock. IFP Advisors Inc bought a new position in VanEck Morningstar SMID Moat ETF in the 3rd quarter worth approximately $181,000. TPG Advisors LLC bought a new position in VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $1,787,000. Comprehensive Financial Consultants Institutional Inc. acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $706,000. Family Office Research LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter valued at $1,579,000. Finally, Stegent Equity Advisors Inc. bought a new stake in shares of VanEck Morningstar SMID Moat ETF during the third quarter worth $293,000.
VanEck Morningstar SMID Moat ETF Stock Down 0.3%
Shares of SMOT opened at $38.96 on Tuesday. VanEck Morningstar SMID Moat ETF has a 12-month low of $34.25 and a 12-month high of $41.37. The firm has a market capitalization of $433.62 million, a PE ratio of 17.96 and a beta of 1.28. The stock’s fifty day simple moving average is $39.38 and its 200-day simple moving average is $38.59.
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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