TPG Advisors LLC Has $1.68 Million Stock Holdings in VanEck Morningstar SMID Moat ETF $SMOT

TPG Advisors LLC reduced its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 22.5% during the first quarter, Holdings Channel reports. The institutional investor owned 47,801 shares of the company’s stock after selling 13,901 shares during the period. VanEck Morningstar SMID Moat ETF comprises about 1.0% of TPG Advisors LLC’s portfolio, making the stock its 24th largest holding. TPG Advisors LLC’s holdings in VanEck Morningstar SMID Moat ETF were worth $1,682,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Gradient Investments LLC grew its stake in VanEck Morningstar SMID Moat ETF by 4.3% in the fourth quarter. Gradient Investments LLC now owns 822,960 shares of the company’s stock valued at $29,791,000 after acquiring an additional 34,296 shares during the period. Vise Technologies Inc. acquired a new position in shares of VanEck Morningstar SMID Moat ETF during the fourth quarter worth approximately $1,306,000. Wealth Enhancement Advisory Services LLC raised its position in shares of VanEck Morningstar SMID Moat ETF by 39.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,442 shares of the company’s stock worth $3,500,000 after purchasing an additional 26,545 shares during the period. Great Lakes Advisors LLC lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 5.7% in the 4th quarter. Great Lakes Advisors LLC now owns 1,134,513 shares of the company’s stock worth $41,069,000 after purchasing an additional 60,940 shares in the last quarter. Finally, Pursue Wealth Partners LLC lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 93.7% in the 4th quarter. Pursue Wealth Partners LLC now owns 44,601 shares of the company’s stock worth $1,615,000 after purchasing an additional 21,579 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

BATS SMOT opened at $38.99 on Monday. The company has a market cap of $433.96 million, a P/E ratio of 17.96 and a beta of 1.28. The company has a fifty day simple moving average of $37.82 and a 200 day simple moving average of $36.97. VanEck Morningstar SMID Moat ETF has a 12-month low of $34.25 and a 12-month high of $39.27.

About VanEck Morningstar SMID Moat ETF

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. SMOT was launched on Oct 4, 2022 and is managed by VanEck.