Etesian Wealth Advisors Inc. Trims Stake in VanEck Morningstar SMID Moat ETF $SMOT

Etesian Wealth Advisors Inc. lowered its position in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 12.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 7,146 shares of the company’s stock after selling 1,039 shares during the period. Etesian Wealth Advisors Inc.’s holdings in VanEck Morningstar SMID Moat ETF were worth $249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SMOT. Private Trust Co. NA raised its stake in shares of VanEck Morningstar SMID Moat ETF by 353.8% in the first quarter. Private Trust Co. NA now owns 4,039 shares of the company’s stock valued at $132,000 after acquiring an additional 3,149 shares during the period. IFP Advisors Inc raised its stake in shares of VanEck Morningstar SMID Moat ETF by 8.8% in the first quarter. IFP Advisors Inc now owns 6,867 shares of the company’s stock valued at $225,000 after acquiring an additional 557 shares during the period. Whitaker Myers Wealth Managers LTD. raised its stake in shares of VanEck Morningstar SMID Moat ETF by 8.7% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 7,230 shares of the company’s stock valued at $252,000 after acquiring an additional 580 shares during the period. Calton & Associates Inc. purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the first quarter valued at $288,000. Finally, Fermata Advisors LLC purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the second quarter valued at $298,000.

VanEck Morningstar SMID Moat ETF Trading Down 1.9%

Shares of SMOT opened at $36.01 on Friday. The company’s fifty day simple moving average is $36.06 and its 200-day simple moving average is $34.27. The company has a market cap of $400.80 million, a P/E ratio of 17.96 and a beta of 1.28. VanEck Morningstar SMID Moat ETF has a twelve month low of $27.93 and a twelve month high of $37.70.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.