Iams Wealth Management LLC Has $694,000 Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Iams Wealth Management LLC lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 20.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 8,042 shares of the company’s stock after selling 2,092 shares during the period. Iams Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $694,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Hsbc Holdings PLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $639,000. Synovus Financial Corp bought a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $207,000. Qube Research & Technologies Ltd raised its holdings in VanEck Morningstar Wide Moat ETF by 3,404,100.0% during the 3rd quarter. Qube Research & Technologies Ltd now owns 34,042 shares of the company’s stock valued at $2,582,000 after acquiring an additional 34,041 shares during the period. Truist Financial Corp raised its holdings in VanEck Morningstar Wide Moat ETF by 39.7% during the 3rd quarter. Truist Financial Corp now owns 239,062 shares of the company’s stock valued at $18,130,000 after acquiring an additional 67,913 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in VanEck Morningstar Wide Moat ETF by 15.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,239,077 shares of the company’s stock valued at $170,905,000 after acquiring an additional 296,676 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock traded down $0.77 during midday trading on Tuesday, reaching $85.84. 694,747 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $87.02 and a 200-day moving average price of $86.21. The stock has a market capitalization of $14.52 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.