VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lowered its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 22.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,391 shares of the company’s stock after selling 28,342 shares during the quarter. Orion Portfolio Solutions LLC owned 0.06% of VanEck Morningstar Wide Moat ETF worth $8,845,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MOAT. Raymond James Financial Services Advisors Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 12.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,247,417 shares of the company’s stock worth $291,943,000 after purchasing an additional 359,915 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $225,517,000. Commonwealth Equity Services LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,459,308 shares of the company’s stock valued at $221,092,000 after buying an additional 119,262 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of VanEck Morningstar Wide Moat ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,438,183 shares of the company’s stock valued at $206,929,000 after buying an additional 305,404 shares during the last quarter. Finally, Raymond James & Associates grew its position in VanEck Morningstar Wide Moat ETF by 4.3% in the 1st quarter. Raymond James & Associates now owns 2,367,879 shares of the company’s stock worth $212,872,000 after purchasing an additional 96,603 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT traded down $0.36 on Friday, hitting $88.25. The stock had a trading volume of 873,908 shares. The stock has a market cap of $14.92 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s 50 day simple moving average is $87.30 and its 200-day simple moving average is $86.44.

VanEck Morningstar Wide Moat ETF Company 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.