VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Financial Partners Group LLC

Financial Partners Group LLC cut its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 12.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,129 shares of the company’s stock after selling 4,384 shares during the period. VanEck Morningstar Wide Moat ETF accounts for about 1.0% of Financial Partners Group LLC’s portfolio, making the stock its 28th largest position. Financial Partners Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,709,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Cape Investment Advisory Inc. raised its position in VanEck Morningstar Wide Moat ETF by 93.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after buying an additional 227 shares during the last quarter. Global Trust Asset Management LLC raised its position in VanEck Morningstar Wide Moat ETF by 80.0% during the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after buying an additional 200 shares during the last quarter. Scarborough Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $49,000. Jones Financial Companies Lllp purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $56,000. Finally, Pineridge Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $60,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT traded down $0.34 during trading on Friday, reaching $86.61. 757,756 shares of the company’s stock were exchanged. The stock has a market capitalization of $14.65 billion, a PE ratio of 28.30 and a beta of 1.01. The stock has a 50-day moving average of $87.00 and a two-hundred day moving average of $86.21.

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.