Valley Wealth Managers Inc. Reduces Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Valley Wealth Managers Inc. lowered its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 28.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 160,836 shares of the company’s stock after selling 63,699 shares during the period. Valley Wealth Managers Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $13,930,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Gilbert & Cook Inc. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 14.7% in the fourth quarter. Gilbert & Cook Inc. now owns 9,229 shares of the company’s stock worth $783,000 after buying an additional 1,182 shares in the last quarter. 9258 Wealth Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.6% in the fourth quarter. 9258 Wealth Management LLC now owns 22,017 shares of the company’s stock worth $1,869,000 after buying an additional 965 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 21.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 210,216 shares of the company’s stock worth $17,841,000 after buying an additional 37,009 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.1% in the fourth quarter. Beacon Pointe Advisors LLC now owns 47,253 shares of the company’s stock worth $4,010,000 after buying an additional 520 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth $1,382,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $94.05 on Friday. The stock has a 50 day moving average of $90.87 and a two-hundred day moving average of $88.42. The stock has a market capitalization of $15.90 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.