VanEck Morningstar Wide Moat ETF (BATS:MOAT) Hits New 52-Week High – Time to Buy?

VanEck Morningstar Wide Moat ETF (BATS:MOAT – Get Free Report) shares reached a new 52-week high on Wednesday. The stock traded as high as $117.38 and last traded at $117.4050, with a volume of 22,479 shares traded. The stock had previously closed at $114.16.

VanEck Morningstar Wide Moat ETF Trading Up 3.7%

The company has a fifty day moving average price of $110.20 and a two-hundred day moving average price of $105.42. The firm has a market cap of $12.38 billion, a P/E ratio of 22.24 and a beta of 0.97.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MOAT. Trust Co. of Vermont acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $28,000. Pflug Koory LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $33,000. Headlands Technologies LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $40,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $42,000. Finally, Godsey & Gibb Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $45,000.

About VanEck Morningstar Wide Moat ETF

(Get Free Report)

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.

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