Mesirow Financial Investment Management Inc. Sells 77,874 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Mesirow Financial Investment Management Inc. lowered its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,668,567 shares of the company’s stock after selling 77,874 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 4.9% of Mesirow Financial Investment Management Inc.’s holdings, making the stock its 2nd largest position. Mesirow Financial Investment Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $250,285,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MOAT. Garrison Bradford & Associates Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $26,000. N.E.W. Advisory Services LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $26,000. Keystone Global Partners LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $29,000. Finally, Intelligent Financial Strategies bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $30,000.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $101.10 on Friday. The company has a market capitalization of $13.65 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41. The business has a 50 day simple moving average of $99.48 and a 200 day simple moving average of $94.59.

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.