VanEck Morningstar Wide Moat ETF (BATS:MOAT) Holdings Trimmed by Avalon Capital Management

Avalon Capital Management lowered its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 101,832 shares of the company’s stock after selling 4,094 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 3.8% of Avalon Capital Management’s investment portfolio, making the stock its 9th biggest holding. Avalon Capital Management owned 0.06% of VanEck Morningstar Wide Moat ETF worth $9,155,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cozad Asset Management Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 58.9% in the fourth quarter. Cozad Asset Management Inc. now owns 11,609 shares of the company’s stock valued at $985,000 after acquiring an additional 4,305 shares during the last quarter. Hudson Value Partners LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.9% in the 4th quarter. Hudson Value Partners LLC now owns 10,694 shares of the company’s stock worth $908,000 after purchasing an additional 597 shares during the period. United Community Bank purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $345,000. Scotia Capital Inc. grew its holdings in VanEck Morningstar Wide Moat ETF by 9.8% during the third quarter. Scotia Capital Inc. now owns 8,506 shares of the company’s stock valued at $646,000 after purchasing an additional 762 shares during the period. Finally, Raymond James & Associates increased its position in VanEck Morningstar Wide Moat ETF by 7.8% in the fourth quarter. Raymond James & Associates now owns 2,271,276 shares of the company’s stock worth $192,763,000 after buying an additional 164,926 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT traded down $0.34 during trading on Friday, reaching $86.61. 757,756 shares of the stock traded hands. The stock has a market cap of $14.65 billion, a PE ratio of 28.30 and a beta of 1.01. The firm has a 50-day moving average of $87.00 and a 200-day moving average of $86.16.

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.