Apexium Financial LP Raises Position in VanEck Morningstar Wide Moat ETF $MOAT

Apexium Financial LP boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 585,101 shares of the company’s stock after purchasing an additional 6,975 shares during the period. VanEck Morningstar Wide Moat ETF comprises 2.9% of Apexium Financial LP’s portfolio, making the stock its 5th largest holding. Apexium Financial LP owned about 0.43% of VanEck Morningstar Wide Moat ETF worth $54,877,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOAT. Brighton Jones LLC bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $528,000. GAMMA Investing LLC raised its position in VanEck Morningstar Wide Moat ETF by 11,311.6% in the first quarter. GAMMA Investing LLC now owns 88,440 shares of the company’s stock worth $7,783,000 after acquiring an additional 87,665 shares during the period. NBC Securities Inc. raised its position in VanEck Morningstar Wide Moat ETF by 113,380.0% in the first quarter. NBC Securities Inc. now owns 5,674 shares of the company’s stock worth $499,000 after acquiring an additional 5,669 shares during the period. Harbor Group Inc. raised its position in VanEck Morningstar Wide Moat ETF by 7.2% in the first quarter. Harbor Group Inc. now owns 409,473 shares of the company’s stock worth $36,034,000 after acquiring an additional 27,600 shares during the period. Finally, Signal Advisors Wealth LLC raised its position in VanEck Morningstar Wide Moat ETF by 44.3% in the first quarter. Signal Advisors Wealth LLC now owns 287,923 shares of the company’s stock worth $25,337,000 after acquiring an additional 88,405 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 9.5%

MOAT opened at $101.09 on Friday. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41. The company has a market capitalization of $13.65 billion, a PE ratio of 22.53 and a beta of 1.02. The firm’s 50 day simple moving average is $98.07 and its two-hundred day simple moving average is $92.41.

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.