Plotkin Financial Advisors LLC Sells 83,827 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Plotkin Financial Advisors LLC lowered its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 75.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,377 shares of the company’s stock after selling 83,827 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 1.4% of Plotkin Financial Advisors LLC’s holdings, making the stock its 19th biggest holding. Plotkin Financial Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,835,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the period. First Horizon Corp purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $31,000. Empowered Funds LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $32,000. Harbor Investment Advisory LLC bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $33,000. Finally, IAG Wealth Partners LLC raised its stake in VanEck Morningstar Wide Moat ETF by 228.7% in the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $102.12 on Friday. The company has a 50-day simple moving average of $101.34 and a two-hundred day simple moving average of $102.79. The firm has a market capitalization of $13.79 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $90.07 and a one year high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.