VanEck Morningstar Wide Moat ETF (BATS:MOAT) Sets New 12-Month High – Still a Buy?

Shares of VanEck Morningstar Wide Moat ETF (BATS:MOATGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $112.43 and last traded at $112.38, with a volume of 46041 shares traded. The stock had previously closed at $112.27.

VanEck Morningstar Wide Moat ETF Stock Performance

The firm has a market cap of $15.21 billion, a P/E ratio of 22.53 and a beta of 1.02. The business’s 50-day simple moving average is $105.08 and its 200 day simple moving average is $102.99.

Institutional Trading of VanEck Morningstar Wide Moat ETF

Several large investors have recently modified their holdings of the company. Orion Porfolio Solutions LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1,387.0% in the second quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock worth $57,365,000 after purchasing an additional 570,500 shares during the period. New England Private Wealth Advisors LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 184.4% during the 4th quarter. New England Private Wealth Advisors LLC now owns 510,560 shares of the company’s stock valued at $53,268,000 after purchasing an additional 331,044 shares during the period. Southern Farm Bureau Life Insurance raised its position in shares of VanEck Morningstar Wide Moat ETF by 31.1% during the 4th quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock valued at $114,720,000 after purchasing an additional 262,940 shares during the period. SHP Wealth Management purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $25,653,000. Finally, LPL Financial LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock valued at $681,803,000 after buying an additional 180,972 shares in the last quarter.

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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